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The SEC has subpoenaed four banks over Situational Awareness

American securities regulators have subpoenaed the banks that lent Situational Awareness the money it used to make its AI bets. The Securities and Exchange Commission wants the timing of the funds trades, and its communications with lenders about the money it was borrowing. It also told the banks to preserve any information they hold on [] This story continues at The Next Web

26 Aug 2026 4:21 pm