Categories: Business News

JPMorgan cut off Situational Awareness lending after AI losses, source says

Sept 11 (Reuters) – JPMorgan Chase cut off its lending activity for Leopold Aschenbrenner's hedge fund Situational Awareness after large losses tied to his AI bets, a source…

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Published: September 12, 2026 02:53:09 IST

Sept 11 (Reuters) – JPMorgan Chase cut off its lending activity for Leopold Aschenbrenner's hedge fund Situational Awareness after large losses tied to his AI bets, a source familiar with the matter

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: September 12, 2026 02:53:09 IST

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