Odaily Planet Daily News: Leopold Aschenbrenner's hedge fund Situational Awareness has "blown up," but far from scaring off investors, the crisis has sparked a new wave of enthusiasm in Silicon Valley. The fund's remaining portfolio (including private investments) is currently valued at approximately $10 billion. Situational Awareness had previously been disclosed to be seeking new capital injections after significant losses caused by a sharp pullback in AI-related stocks. However, the fund's blow-up experience has not become a stain in Silicon Valley; instead, it has reinforced founder Leopold Aschenbrenner's "hero persona." Many Silicon Valley investors view it as a "buy-the-dip" opportunity and continue to back the former OpenAI researcher turned investor. The fund has now informed investors that it will not accept new capital for the time being, but outside enthusiasm has not subsided. Veteran venture investor Elad Gil has even publicly announced his first application to invest in Aschenbrenner's fund.
Additionally, Morgan Stanley, which previously refused to provide prime brokerage services to Situational Awareness, has changed its position and plans to add the fund as a prime brokerage client within the coming weeks. However, if Aschenbrenner wants to replicate the high returns seen earlier this year, he will ultimately need to convince Wall Street to resume providing leverage. This means he must find a sustainable path between Silicon Valley's enthusiastic support and Wall Street's strict risk management requirements. (Wall Street Journal)
Odaily News: Crypto journalist Eleanor Terrett posted on X platform that Senate Majority Leader Thune has filed a cloture motion to advance the Clarity Act. The Senate will vote on the motion at 2:15 PM on Tuesday, September 15, after reconvening, and the schedule was agreed upon by the Senate this morning.


