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technology·Technologybytechnocrit

SEC reportedly subpoenas Wall Street banks over "AI" hedge fund Situational Awareness’s near collapse

The Securities and Exchange Commission has reportedly subpoenaed several major Wall Street lenders to glean more information about their role in the near-collapse of AI-focused hedge fund Situational Awareness.

Regulators are seeking insights into Situational Awareness’s trades, use of leverage and communications with the investment banks, which include Goldman Sachs, JP Morgan, Citigroup and Bank of America, according to Reuters, citing a source familiar with the matter.

Situational Awareness plunged from about $45 billion to around $10 billion in late July after it was hammered in last month’s tech sell-off.

The hedge fund, led by former OpenAI researcher Leopold Aschenbrenner, was forced to unwind much of its publicly listed portfolio of large, concentrated, levered positions — which included SK Hynix and CoreWeave — after losses sparked several margin calls among its prime brokers.

https://www.cnbc.com/2026/08/25/sec-situational-awareness-hedge-fund-subpoenas.htmlOpen linkView original on lemmy.dbzer0.com
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A Failed Murder-for-Hire Plot in Bolivia Exposes the Inner Workings of the US's Donroe Doctrine

On the night of August 17, Nadia Shirley Beller Delgado, 33-year-old lawyer and activist, was waiting alone outside a hotel in the Canal Isuto neighbourhood of ​​Santa Cruz de la Sierra. Two men approached her disguised as delivery drivers and shot her three times from point-blank range.

Beller, who is four weeks pregnant, threw herself to the floor, pretended to be dead, and miraculously survived. She was rushed to hospital where she underwent major surgery. Days later, from her hospital bed, she accused her Argentine ex-boyfriend of ordering the hit to silence her.

Beller’s ex-boyfriend is Fernando Cerimedo, the co-owner of La Derecha Diario (“The Right-Wing Daily”), one of the main digital disseminators of far-right ideas in Latin America and Spain. He is also former advisor to Argentine President Javier Milei and current advisor to various political leaders in the region, including Bolivia’s President Rodrigo Paz. The Economist has called him “MAGA’s man in LatAm” for helping to forge “close ties” to the Trump’s right-wing movement.

https://www.nakedcapitalism.com/2026/08/the-trump-administrations-bag-man-for-latin-america-faces-charges-of-conspiracy-to-murder-in-bolivia.htmlOpen linkView original on lemmy.dbzer0.com
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technology·Technologybytechnocrit

Nvidia CEO plans Israel visit to double workforce

Nvidia CEO Jensen Huang confirmed on Tuesday his intention to visit Israel soon, underlining the firm's objective to double its staff in the country from the current 5,000 employees.

The company, which six years ago bought the Israeli networking firm Mellanox recently announced a mega campus in northern Israel in Kiryat Tivon.

https://www.israelhayom.com/2026/01/07/nvidia-ceo-plans-israel-visit/Open linkView original on lemmy.dbzer0.com
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worldnews·World Newsbytechnocrit

A Failed Murder-for-Hire Plot in Bolivia Exposes the Inner Workings of the US's Donroe Doctrine

On the night of August 17, Nadia Shirley Beller Delgado, 33-year-old lawyer and activist, was waiting alone outside a hotel in the Canal Isuto neighbourhood of ​​Santa Cruz de la Sierra. Two men approached her disguised as delivery drivers and shot her three times from point-blank range.

Beller, who is four weeks pregnant, threw herself to the floor, pretended to be dead, and miraculously survived. She was rushed to hospital where she underwent major surgery. Days later, from her hospital bed, she accused her Argentine ex-boyfriend of ordering the hit to silence her.

Beller’s ex-boyfriend is Fernando Cerimedo, the co-owner of La Derecha Diario (“The Right-Wing Daily”), one of the main digital disseminators of far-right ideas in Latin America and Spain. He is also former advisor to Argentine President Javier Milei and current advisor to various political leaders in the region, including Bolivia’s President Rodrigo Paz. The Economist has called him “MAGA’s man in LatAm” for helping to forge “close ties” to the Trump’s right-wing movement.

https://www.nakedcapitalism.com/2026/08/the-trump-administrations-bag-man-for-latin-america-faces-charges-of-conspiracy-to-murder-in-bolivia.htmlOpen linkView original on lemmy.dbzer0.com
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technology·Technologybytechnocrit

SEC reportedly subpoenas Wall Street banks over "AI" hedge fund Situational Awareness’s near collapse

The Securities and Exchange Commission has reportedly subpoenaed several major Wall Street lenders to glean more information about their role in the near-collapse of AI-focused hedge fund Situational Awareness.

Regulators are seeking insights into Situational Awareness’s trades, use of leverage and communications with the investment banks, which include Goldman Sachs, JP Morgan, Citigroup and Bank of America, according to Reuters, citing a source familiar with the matter.

Situational Awareness plunged from about $45 billion to around $10 billion in late July after it was hammered in last month’s tech sell-off.

The hedge fund, led by former OpenAI researcher Leopold Aschenbrenner, was forced to unwind much of its publicly listed portfolio of large, concentrated, levered positions — which included SK Hynix and CoreWeave — after losses sparked several margin calls among its prime brokers.

https://www.cnbc.com/2026/08/25/sec-situational-awareness-hedge-fund-subpoenas.htmlOpen linkView original on lemmy.dbzer0.com
11
palestine·Palestinebytechnocrit

From Lionel Messi, Kanye West to Taylor Swift: Celebrities are "protected" by Zionist security teams

From Taylor Swift and Kim Kardashian to Jennifer Aniston and Lionel Messi, celebrities across the world are hiring teams of Israeli bodyguards made up of former Shin Bet, Mossad, and Israeli special forces.

But how safe is it to entrust your life and most intimate details to agents from spying agencies with a long track record of infiltrating, surveiling, and blackmailing foreign targets?

MintPress explores how Israeli security took over Hollywood and the world.

From Lionel Messi, Kanye West to Taylor Swift: Celebrities are "protected" by Zionist security teamshttps://www.mintpressnews.com/from-lionel-messi-kanye-west-to-taylor-swift-celebrities-are-protected-by-israeli-security-teams/291117/Open linkView original on lemmy.dbzer0.com
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palestine·Palestinebytechnocrit

Nvidia CEO plans Israel visit to double workforce

Nvidia CEO Jensen Huang confirmed on Tuesday his intention to visit Israel soon, underlining the firm's objective to double its staff in the country from the current 5,000 employees.

The company, which six years ago bought the Israeli networking firm Mellanox recently announced a mega campus in northern Israel in Kiryat Tivon.

https://www.israelhayom.com/2026/01/07/nvidia-ceo-plans-israel-visit/Open linkView original on lemmy.dbzer0.com
4
palestine·Palestinebytechnocrit

From Lionel Messi, Kanye West to Taylor Swift: Celebrities are "protected" by Zionist security teams

From Taylor Swift and Kim Kardashian to Jennifer Aniston and Lionel Messi, celebrities across the world are hiring teams of Israeli bodyguards made up of former Shin Bet, Mossad, and Israeli special forces.

But how safe is it to entrust your life and most intimate details to agents from spying agencies with a long track record of infiltrating, surveiling, and blackmailing foreign targets?

MintPress explores how Israeli security took over Hollywood and the world.

From Lionel Messi, Kanye West to Taylor Swift: Celebrities are "protected" by Zionist security teamshttps://www.mintpressnews.com/from-lionel-messi-kanye-west-to-taylor-swift-celebrities-are-protected-by-israeli-security-teams/291117/Open linkView original on lemmy.dbzer0.com
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palestine·Palestinebytechnocrit

Nvidia CEO plans Israel visit to double workforce

Nvidia CEO Jensen Huang confirmed on Tuesday his intention to visit Israel soon, underlining the firm's objective to double its staff in the country from the current 5,000 employees.

The company, which six years ago bought the Israeli networking firm Mellanox recently announced a mega campus in northern Israel in Kiryat Tivon.

https://www.israelhayom.com/2026/01/07/nvidia-ceo-plans-israel-visit/Open linkView original on lemmy.dbzer0.com
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yepowertrippinbastards·Ye Power Trippin' Bastardsbytechnocrit

Banned from [email protected] ofc for not believing in "AI"

I'm guessing that I was banned for recent, scientifically accurate statements about "AI" despite a long history of posting in the comm. As someone who doesn't believe in "AI", I think that a great portion of "anti-AI" sentiment is misguided at best and most often feeding the grift. I think it's really sad how people who supposed oppose "AI" constantly feed the hype through anthropomorphism, absurd claims/beliefs, etc. Perhaps more importantly, if you're more upset by people generated images of witches than by genocide, surveillance, etc., then you're part of the problem. TBH technology is always corrupted by capitalism and nothing special is really happening with "AI" apart from the massive grift. The comm seems like a lib space mostly for promoting phony "AI" press releases. I'm not surprised that I was banned for my thought crimes. "AI" doesn't exist and I'm not sorry about it. But that comm is the real booster. Rife with pseudo-science and anthropomorphism. That's why liberal resistance is not actually resistance. These people are going to be crying about witch pictures while being dragged off to prison during an "AI" raid...

View original on lemmy.dbzer0.com
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politics·politics bytechnocrit

Never Apologize For Being a Class Traitor

Every time a right winger points and laughs at a socialist who was born rich, it should be understood as a desperate attempt to justify their own moral failure to themselves. If you grew up rich and are now a leftist and someone points that out, the proper response is: “Yes I am. Why aren’t you?” I do not believe that there is any plank in the DSA platform that says that nobody is allowed to live in a brownstone that their dad bought. What they say instead is: If your dad has enough money to buy a brownstone, he should be paying higher taxes so that we can build more affordable housing for people who can’t afford brownstones. A rich kid who nods his head and agrees with that assertion and works to raise taxes on himself in the name of social justice is not guilty of hypocrisy at all. He’s exhibiting a commitment to basic fairness. That’s nothing to be ashamed of. Every rich person is morally obligated to do this. It’s the ones who aren’t class traitors that we need to worry about.

Never Apologize For Being a Class Traitorhttps://www.hamiltonnolan.com/p/never-apologize-for-being-a-classOpen linkView original on lemmy.dbzer0.com
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anarchism·Anarchismbytechnocrit

Never Apologize For Being a Class Traitor

Every time a right winger points and laughs at a socialist who was born rich, it should be understood as a desperate attempt to justify their own moral failure to themselves. If you grew up rich and are now a leftist and someone points that out, the proper response is: “Yes I am. Why aren’t you?” I do not believe that there is any plank in the DSA platform that says that nobody is allowed to live in a brownstone that their dad bought. What they say instead is: If your dad has enough money to buy a brownstone, he should be paying higher taxes so that we can build more affordable housing for people who can’t afford brownstones. A rich kid who nods his head and agrees with that assertion and works to raise taxes on himself in the name of social justice is not guilty of hypocrisy at all. He’s exhibiting a commitment to basic fairness. That’s nothing to be ashamed of. Every rich person is morally obligated to do this. It’s the ones who aren’t class traitors that we need to worry about.

Never Apologize For Being a Class Traitorhttps://www.hamiltonnolan.com/p/never-apologize-for-being-a-classOpen linkView original on lemmy.dbzer0.com
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