BREAKING: Ex-OpenAI researcher Leopold Aschenbrenner’s (@leopoldasch) Situational Awareness Fund tops $1.5B and posts +47% in H1 ’25. He turned his viral Situational Awareness essay into one of the fastest-growing hedge funds on record. The fund is long the AI supply chain: semiconductors,... See more

Too expensive or too cheap - why AI continues to reveal itself as a terrible VC bet https://t.co/ZpGTmMDvcX

Business Insider reported on Thursday that Thinking Machines Lab has doubled the target for its seed funding round to $2 billion. The round, should it close according to plan, would value the company at “at least” $10 billion, per Business Insider’s reporting.

Continued hype is necessary for the industry, because so much money flowing in essentially allows the big players, like OpenAI, to operate free of economic worry and considerations. The money involved is staggering—Anthropic announced they would compete with OpenAI and raised 2 billion dollars to train their next-gen model, a European counterpart... See more