AI
🇬🇧 Aschenbrenner's AI thesis could be correct, his timing and leverage were not
Leopold Aschenbrenner's AI hedge fund Situational Awareness had to unload nearly its entire publicly traded portfolio to Ken Griffin's Citadel after racking up heavy losses on leveraged AI stock positions. Just days earlier, Aschenbrenner had reported a six-month return of 439 percent and pulled in fresh capital. Then margin calls forced the fire sale. The article Aschenbrenne…
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