Tag: leveraged bets

Leopold Aschenbrenner's Situational Awareness unwound its hedge fund with up to $24B after leveraged AI and software bets turned into steep losses. (Pexel/Representative image) (Pexel)
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Leopold Aschenbrenner’s Situational Awareness unwinds hedge fund with up to $24B after leveraged AI bets fail

 July 30, 2026  Leave a Comment on Leopold Aschenbrenner’s Situational Awareness unwinds hedge fund with up to $24B after leveraged AI bets fail

Leopold Aschenbrenner’s hedge fund Situational Awareness has completely unwound its investment portfolio after suffering heavy losses on its AI and software trades, according to CNBC’s…

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