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Leopold Aschenbrenner Built a Hot A.I. Hedge Fund. Then It Melted Down

https://www.nytimes.com/2026/07/31/business/situational-awareness-leopold-aschenbrenner.html
5•sbulaev•1h ago

Comments

mhaaseth•52m ago
Didn't actually melt down though, in his recent letter he states that his fund is still 80% profitable YTD. Here's the letter: https://x.com/tbpn/status/2083226453509030285?s=20
wjnc•9m ago
Can be true at the same time when dealing with high leverage and a growing fund. The YTD doesn’t make you more liquid or secure.

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Leopold Aschenbrenner Built a Hot A.I. Hedge Fund. Then It Melted Down

https://www.nytimes.com/2026/07/31/business/situational-awareness-leopold-aschenbrenner.html
5•sbulaev•1h ago•2 comments

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