Aschenbrenner bet everything on AI — and lost

Leopold Aschenbrenner’s AI hedge fund Situational Awareness just went from $45 billion in assets at the start of July to $10 billion at the start of August after Aschenbrenner had to sell the fund’s public stock holdings to Ken Griffin at Citadel to pay his margin debts. [Bloomberg, archive] Aschenbrenner is just 24. He’s been [ ]