How Leopold Aschenbrenner Built a $45 Billion AI Hedge Fund — and Lost Most of It in Days The meteoric rise and spectacular fall of Leopold Aschenbrenner's Situational Awareness hedge fund has left many in the tech and financial worlds stunned.
In just a few days, the fund went from being valued at $45 billion to collapsing under the weight of margin calls and plummeting semiconductor stocks.
Aschenbrenner's journey began at Columbia University, where he co founded the school's chapter of Effective Altruism. This philosophy advocates for founders to make as much money as possible in order to help humanity.