Leopold Aschenbrenner's AI Fund Seeks Capital After Heavy Losses in Tech Rout
citrini · x · 2026-07-30
According to the Financial Times, Leopold Aschenbrenner's AI hedge fund (SALP) has suffered heavy losses due to a massive drawdown in AI tech stocks and is now in talks with existing investors and lenders to raise fresh capital.
To alleviate the pressure, the fund has floated the idea of allowing some investors to buy assets directly out of its portfolio. Aschenbrenner is reportedly betting on an Anthropic IPO as the catalyst for recovery.
Related event: Ex-OpenAI Staffer's AI Hedge Fund Blows Up, Citadel Takes Over $16B(41 posts)→
More from Venture
- China's AI boom drives up to 660% profit surges for domestic chip firms; GPU maker MetaX turns profitable — pstAsiatech · 2026-10-16
- The 'sci-fi make it till you make it' playbook: Musk pioneered it, Altman copied it — Linahuaa · 2026-10-16
- A $50 site of 50,000 fake stats got cited by ChatGPT for 7 months — metehan777 · 2026-10-16
- Maker Who Paid $37K/Month to Affiliates Shares 5 Ways to Earn Your First $1,000 in 2026 — tibo_maker · 2026-10-16
- The simplest agent money-making idea: let agents take gigs on Fiverr/Upwork — yangyi · 2026-10-16
- Solo creator swears by just two tables: one for 100K YouTube subs, one for $10K MRR — jackedAJ · 2026-10-16