AI Matters
Why it matters
AI hedge fund forced to sell most holdings after heavy stock losses
The Decoder Aschenbrenner's AI thesis could be correct, his timing and leverage were not
Leopold Aschenbrenner's Situational Awareness fund sold nearly its entire public stock portfolio to Citadel after leveraged AI bets lost heavily.
Why it matters
Shows how volatile AI-linked investing can be, even for funds run by well-known AI researchers.
Latest brief · Jul 31, 2026