Leopold Aschenbrenner has become one of the most closely watched figures in artificial intelligence. Before the age of 25, the former OpenAI researcher had built a hedge fund managing around $20 billion in assets, backed by some of Silicon Valley's biggest names. But after a sharp correction in AI-related stocks, his firm, Situational Awareness, has undergone a dramatic reversal.
According to Axios, the AI-focused hedge fund has sold virtually all of its public equity portfolio to Ken Griffin's Citadel. The Wall Street Journal first reported the transaction, which follows heavy losses during the recent sell-off in AI stocks.
