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Curated tech posts from X on AI, startups, and product development—signal without the doomscroll, updated on weekdays.
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DAILY SITUATION RECAP: New information on Leopold and Situational Awareness. SALP peaked at $45B under management in July before declines in chip stocks caused the firm’s highly leveraged bets to unwind, forcing Aschenbrenner to sell most of their public assets to Citadel. SALP nearly sold $3.5B of Anthropic stock to Greenoaks and Sequoia before backing out. The firm is left with >$10B in mostly private and some public assets with no margin. On Thursday, Aschenbrenner sent a letter to the…