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Everything on Ground Truth tagged “risk” — 2 items.

An AGI-thesis fund fell 67 percent and took a market maker with it News

Situational Awareness, the investment firm founded by Leopold Aschenbrenner around an artificial general intelligence thesis, dropped 67 percent in July and sold most of its stock portfolio to meet margin calls, with the Financial Times reporting a roughly 15 billion dollar hit at Jane Street connected to the episode.

The world's central-bank watchdog warns an AI bust could spill into the wider economy News

The BIS cautions that if the AI funding boom unwinds, the damage may not stay contained to tech -- it could ripple into growth and credit.