The Unwind of Situational Awareness' Stock Bets
Bloomberg Television·2026-08-03 20:43
He was hailed as the Nostradamus of AI. But in a matter of weeks, 20some yearear-old former open AI researcher Leopold Ashen Brener saw his high-flying hedge fund lose [music] tens of billions of dollars on tech investments. Ashen Brener launched situational awareness in 2024 [music] with zero prior professional investing experience.Powered by leverage from major Wall Street banks, his firm's assets [music] rocketed on massive bets on AI semiconductors, infrastructure, and energy providers. But when tech st ...