How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days

Source: www.cnbc.com · Section: business-tech · Bias: Center-Right · Published: Fri, 31 Jul 2026 20:19:03 GMT

Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.

Read the full article at www.cnbc.com →

The same story across the political spectrum (15 sources)

Left: 👀 Major AI Hedge Fund Melts Down As Fears Of Bubble Grow —
Center-Left: FTSE 100 on track for best month since first US attacks on Iran five months ago – as it happened — www.theguardian.com
Center-Right: Situational Awareness got the future right but misread the past — www.ft.com
Center-Right: Citadel’s swoop on Situational Awareness helped stem a $3tn AI rout — www.ft.com
Center-Right: Jim Cramer says this hedge fund's blowup reveals the hidden risks of leverage — www.cnbc.com

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