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JPMorgan curbed lending to Situational Awareness after AI losses, source says

What happened

submitted by themachinestops to technology 1 points | 0 comments https://www.reuters.com/legal/transactional/jpmorgan-cut-off-situational-awareness-lending-after-ai-losses-ft-reports-2026-09-11/ JPMorgan Chase (JPM.N) cut off lending activity for Leopold Aschenbrenner’s hedge fund Situational Awareness after large losses tied to his AI bets led to a near-collapse, ‌a source familiar with the matter told Reuters on F…

Summary assembled by rule from the sources below

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