Situational Awareness pitches investors on Fluidstack fundraise

Hedge fund Situational Awareness is raising money from its own investors to invest in neocloud startup Fluidstack Ltd. The move comes three months after highly levered bets on AI firms nearly caused the fund's implosion.

• Situational Awareness is raising capital from its investors for Fluidstack
• The money will go into neocloud startup Fluidstack Ltd.
• The fundraise follows a near-collapse from levered AI bets three months ago