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From AGI messianism to collapse on Wall Street
Leopold Aschenbrenner’s AI fund loses $35 billion after harsh margin calls
The former OpenAI researcher and self-proclaimed prophet of artificial superintelligence, Leopold Aschenbrenner, has suffered one of the most drastic setbacks in Wall Street’s recent history. His AI-focused hedge fund, Situational Awareness, plunged from a peak of $45 billion in assets to just $10 billion within days, making him the most prominent victim of the recent volatility in the technology sector.
The former OpenAI researcher and self-proclaimed prophet of artificial superintelligence, Leopold Aschenbrenner, has suffered one of the most drastic setbacks in Wall Street’s recent history. His AI-focused hedge fund, Situational Awareness, plunged from a peak of $45 billion in assets to just $10 billion within days, making him the most prominent victim of the recent volatility in the technology sector.
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