The AI prodigy who won over Silicon Valley-and lost $45 billion

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News Snapshot:

1. FROM MY DESK Good morning. We lead today with new reporting on the unraveling of Situational Awareness, detailing how its wunderkind founder Leopold Aschenbrenner forged close ties with tech’s top players even as he rankled some of his own bosses. Elsewhere in tech, Nvidia reports earnings after the close—a critical bellwether for the AI boom’s staying power. Follow our live markets coverage here. We’re also following the escalating U.S.-Canada trade war. The neighbors have sparred before, but as our Washington coverage chief Damian Paletta notes, “Canada is punching and counterpunching with a swagger that I’ve never seen from them…

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