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AI hedge fund forced to sell its public stocks, but keeps Anthropic shares

TechCrunch AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares

Leopold Aschenbrenner's Situational Awareness fund had to unwind its public stock portfolio after leveraged bets lost value, but it kept its private Anthropic shares.

Why it matters

Shows the risk of betting big on AI stocks with borrowed money, even for insiders close to the industry.