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Situational Awareness ran two auctions at once, and one set of bidders never knew

The Next Web

TechnologyThe Next Web·Aug 18, 2026·1 min read

Situational Awareness ran two auctions at once, and one set of bidders never knew

Situational Awareness lost roughly $30bn in July. The desk reported that three weeks ago. What happened inside those six days has not. Gregory Zuckerman, Juliet Chung and Peter Rudegeair have reconstructed it for the Wall Street Journal…

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