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Jane Street Takes $15B July Hit As Situational Awareness AI Bets Unwind

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Jane Street suffered roughly $15 billion of losses in July after its investment in AI-focused hedge fund Situational Awareness fell sharply alongside positions exposed to the broader technology selloff. The month became Jane Street’s first…

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Jane Street Takes $15B July Hit As Situational Awareness AI Bets Unwind
Crypto Adventure 2h ago

Jane Street Takes $15B July Hit As Situational Awareness AI Bets Unwind

Jane Street suffered roughly $15 billion of losses in July after its investment in AI-focused hedge fund Situational Awareness fell sharply alongside positions exposed to the broader technology selloff. The month became Jane Street’s first…