Situational Awareness LP

September 30, 2026 Matthew Goldstein and Rob Copeland

Troubles at Situational Awareness Point to Record Stock Market Leverage

A meltdown at Situational Awareness, an A.I.-focused investment firm, is raising tough questions about the Wall Street banks that lent billions to the upstart firm.

S.E.C. Investigating Near-Implosion of A.I. Hedge Fund

Regulators sent subpoenas to major Wall Street banks seeking information about the trading of Situational Awareness, three people briefed on the outreach said.