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Deep & Emerging Tech·September 2, 2026·1 min read

UVA’s Situational Awareness Bet Fueled Record Year Before Tumult

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An AI‑focused hedge fund losing more than two‑thirds of $45B in a month is a reminder that model‑driven strategies can concentrate risk as fast as they compound returns. Any team leaning on AI for trading or allocation should be running stress tests on regime shifts, not just backtests on recent data.