Aschenbrenner's AI Hedge Fund Liquidates Entire Portfolio Due to Steep Losses
The Decoder · rss · 2026-07-31
Leopold Aschenbrenner's AI hedge fund, Situational Awareness, has suffered a massive blow. The fund was forced to sell nearly its entire publicly traded stock portfolio to Ken Griffin's firm, Citadel, after racking up steep losses.
The article notes that while Aschenbrenner's overarching AI thesis might eventually prove correct, his timing and the leverage he employed were fundamentally flawed.
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