US Central Bank AI Fund Invests $400 Million in Chip Startup Source Foundry
AI News Flash: Situational Awareness, the fund that recently sold off most of its public market holdings, keeps doubling down on private investments. According to The Wall Street Journal, the fund poured another $400 million into Source Foundry this week, a startup founded by Stanford researchers focused on speeding up chip manufacturing and cutting its costs, bringing its total investment in Source Foundry to $500 million.