How the quick fall from grace of a fund run by 'Nostradamus of AI' triggered a 24-hour race to salvage it
Leopold Aschenbrenner's hedge fund incurred significant losses and a forced sale of investments. Billionaire Ken Griffin's Citadel acquired these discounted technology holdings. The fund's assets plunged from forty-five billion to ten billion dollars. Aschenbrenner took responsibility for the month's performance and vowed changes. He continues to manage a large equity hedge fund and is set to marry soon.
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