How Situational Awareness Hedge Fund Dropped 67% in AI Stock Rout

Image for article How Situational Awareness Hedge Fund Dropped 67% in AI Stock Rout
News Source : Slashdot.org

News Summary

  • Every generation has done this, including mine, but not with a 45B valuation.
  • It's utterly insane, how much people willingly threw at a successful gambler.
  • Despite this setback, he has still made tons of money for his investors, even this year, and may well continue to do so.
CNN tells the unfortunate tale of hedge fund Situational Awareness, founded in 2024 by Germanborn Leopold Aschenbrenner when he was in his early 20s.

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