Regulation

The First Great AI Fund Blowup Just Became an SEC Investigation

The AI Prism Admin

The SEC has subpoenaed Goldman Sachs, JPMorgan, Citigroup and Bank of America over their role in the near-collapse of AI hedge fund Situational Awareness, which plunged from $45 billion to $10 billion in weeks. It is the first big AI-finance blowup to reach the enforcement stage, and the story it tells is about leverage, not the AI itself.

The AI Lobbying Explosion: Record Spending Is Reshaping Washington

The AI Prism Admin

AI companies spent record sums on Washington lobbying in 2026 - OpenAI at $2.22M and Anthropic at $3.53M in H1 alone. Here's what the money buys, who's being left out, and what you can do about it.