Situational Awareness Assets Plunge to $10 Billion After Forced Fire Sale to Citadel

CNBC Finance reports that Leopold Aschenbrenner’s AI-focused hedge fund suffered a massive liquidation event following aggressive margin calls and a downturn in semiconductor equities. The 24-year-old manager, a former OpenAI researcher, was forced to sell off leveraged positions

CNBC Finance reports that Leopold Aschenbrenner’s AI-focused hedge fund suffered a massive liquidation event following aggressive margin calls and a downturn in semiconductor equities. The 24-year-old manager, a former OpenAI researcher, was forced to sell off leveraged positions