On September 13, according to CCTV Finance, American investment bank JPMorgan has terminated its lending services to the AI-themed hedge fund 'Situational Awareness.' Founded by a former OpenAI researcher, the fund has suffered significant losses due to leveraged investments related to AI, pushing it to the brink of collapse and prompting JPMorgan to cut ties. Data shows that in July this year, there was a systemic pullback in global tech stocks, leading to a substantial decline in the fund's net value, with a monthly drawdown of approximately 67%.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
AI Hedge Fund Faces Huge Losses, JPMorgan Terminates Lending Partnership
-
Wechat scan to share
Recommended for you
-
Trump: Iran War Will End, Possibly Before Midterm Elections
On September 13, U.S. President Trump stated that the Iran war will end, possibly before the midterm elections or immediately after. Iran is very eager to reach an agreement. He does not care whether Gulf countries meet with Iran, as that is their choice. When asked if the artificial intelligence industry should slow its development pace, Trump remarked that whoever wins in artificial intelligence will win the future. -
Trump: Iran War Will End, Possibly Before Midterm Elections
On September 13, U.S. President Trump stated that the Iran war will end, potentially before the midterm elections or immediately after. Iran is very eager to reach an agreement. He does not care whether Gulf countries meet with Iran, as that is their choice. When asked if the artificial intelligence industry should slow down its development pace, Trump remarked that whoever wins in AI will win the future. -
Hassett: Cautious Approach to Interest Rate Hikes
On September 3, White House economic advisor Hassett stated that he would take a cautious approach to interest rate hikes based on inflation data. Previously, when asked whether the Federal Reserve would raise interest rates in its decision next week, Trump said, 'I don't know, but we should have the lowest interest rates in the world.' (CLS) -
Hassett: Cautious Approach to Interest Rate Hikes
On September 3, White House economic advisor Hassett stated that he would take a cautious approach to interest rate hikes based on inflation data. Previously, when asked whether the Federal Reserve would raise rates at its decision next week, Trump said, 'I don't know, but we should have the lowest rates in the world.' (CLS) -
Trump: Whoever Wins AI, Wins the Future
On September 3, U.S. President Trump was asked whether the artificial intelligence industry should slow down its development pace. He stated that whoever wins in artificial intelligence will win the future. We can set up safeguards regarding AI, but some voices are overly negative. (CLS) -
Trump: Whoever Wins AI Wins the Future
On September 3, U.S. President Trump was asked whether the artificial intelligence industry should slow its pace of development. He stated that whoever wins in AI will win the future. We can set up protections regarding AI, but some voices are too negative. (CLS) -
Trump: Iran War Will End, Possibly Before Midterm Elections
On September 13, U.S. President Trump stated that the Iran war will end, possibly before the midterm elections or immediately after. Iran is very eager to reach an agreement. He does not care whether Gulf countries meet with Iran, as that is their choice. When asked if the artificial intelligence industry should slow its development pace, Trump stated that whoever wins in artificial intelligence will win the future. -
Hassett: Cautious Approach to Interest Rate Hikes
On September 3, White House economic advisor Hassett stated that he would take a cautious approach to interest rate hikes based on inflation data. Previously, when asked whether the Federal Reserve would raise rates in its decision next week, Trump said, 'I don’t know, but we should have the lowest interest rates in the world.' (CLS) -
Trump: Whoever Wins AI, Wins the Future
On September 3, U.S. President Trump was asked whether the artificial intelligence industry should slow its development pace. He stated that whoever wins in AI will win the future. We can set up protections regarding AI, but some voices are overly negative. (CLS) -
Circle Acquires Tazapay to Expand into Emerging Markets
Circle has acquired Tazapay to expand into emerging markets and enhance the competitiveness of USDC in these regions, which are seen as the next battleground for stablecoins. (Bloomberg)
Daily Must-Read
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
-
The Invisible Bill: Unpacking the Token Amplification Effect
-
ENI Takes the Stage at WebX Japan and Builds a Bridge from Traditional Capital to the Future Economy
-
GWDC 2026 KOREA: The New Asian Paradigm of Web3 & AI Sets to Debut in Seoul on Sept 29-30, Inviting Global Builders to the Ultimate Developer Summit
-
From User Journey to Consumption Loop: Understanding UniKey’s Product Logic and the Three Core Use Cases of KEY
All Comments