Hardware4h ago
Situational Awareness Invests $500M In Source Foundry
The Situational Awareness hedge fund committed $500 million to Source Foundry, a Stanford-founded startup. The company develops alternatives to ASML's EUV lithography machines to streamline AI chip production. This bet targets the critical hardware bottleneck in semiconductor manufacturing. Success would reduce the industry's reliance on a single supplier for high-end chips.