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Fortune

Sharon Goldman

As AI bubble warnings mount, a 23-year-old’s $1.5 billion hedge fund shows how prophecy turns into profits

Leopold Aschenbrenner AGI OpenAI Silicon Valley Bank of England Fortune International Monetary Fund

Studio portrait of Leopold Aschenbrenner (Credit: Josh Edelson courtesy of Situational Awareness)

Welcome to Eye on AI, with AI reporter Sharon Goldman. In this edition…the rise of Leopold Aschenbrenner, a 23-year-old AI researcher turned hedge fund manager…the IMF and the Bank of England both warn of the dangers of a financial bubble around AI…and figures that show enterprise AI adoption is growing significantly.

The chorus of warnings about an AI bubble is growing louder. Yesterday, the IMF and the Bank of England became the latest to warn that global markets could face trouble if investor enthusiasm for AI takes a dive.

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