Short selling, margin calls and…: How Leopold Aschenbrenner’s AI hedge fund Situational Awareness lost $35 bn in a month

Sunday, August 2, 2026 - 01:12
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Short selling, margin calls and…: How Leopold Aschenbrenner’s AI hedge fund Situational Awareness lost $35 bn in a month
Leopold Aschenbrenner, once celebrated as an AI visionary, faced significant losses as his hedge fund's assets plummeted from $45 billion to $10 billion amid a decline in semiconductor stocks.

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