Prophet of AI's Hedgefund Loses $35 Billion in Days

Saturday, August 01, 2026

Former OpenAI researcher Leopold Aschenbrenner's AI hedge fund, Situational Awareness, collapsed from $45 billion to around $10 billion in assets ...

Posted by sitzkrieg at 09:30 AM | 3 COMMENTS | permalink | Comment on This Entry |

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An 8 employee hedge fund that was up hundreds of percent and used aggressive leverage is asking investors for more cash to meet margin calls. The tropes in this particular bull market couldn't get any lazier. www.ft.com/content/2803 ...

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-- George Pearkes (@peark.es) 5:41 AM Â· Jul 30, 2026

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