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LEOPOLD ASCHENBRENNER
Citadel unloads over 80% of bets bought from Leopold Aschenbrenner’s Situational AwarenessKen Griffin's Citadel has sold over 80% of acquired positions. These trades followed a steep loss in technology holdings for Situational Aw...
Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources sayIn July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the f...
Zydus Lifesciences shares drop 3% after Q1 earnings. Here's why Nuvama upgraded rating, hiked targetShares of Zydus Lifesciences saw a decline of more than two percent following the announcement of a notable profit drop. The net profit plu...
25-year-old hedge fund manager who lost $35 billion in a month eyes fresh capital after AI stock selloffLeopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks tu...
Aswath Damodaran shares 3 lessons investors can learn from rise and fall of Leopold Aschenbrenner's AI fundAswath Damodaran has shared three lessons investors can learn from the rise and fall of Leopold Aschenbrenner’s AI-focused hedge fund, Situ...
Somebody will disrupt the market! Why JPMorgan CEO Jamie Dimon is raising alarm over high leverageJPMorgan CEO Jamie Dimon warned that elevated market leverage and hidden borrowing could amplify volatility, increasing the risk of sudden ...
With Situational Awareness AI deal, Citadel's Griffin rides to the rescue againCitadel's founder this week reprised his role as one of Wall Street's rescue buyers, stepping in to salvage California hedge fund Situation...
Nuvama initiates coverage on KPR Mill and 2 other textile stocks, sees up to 35% upside. Here's whyNuvama Institutional Equities has initiated coverage on KPR Mill, Indo Count Industries and Sanathan Textiles with 'Buy' ratings, citing th...
Elon Musk loses nearly half of his wealth as SpaceX shares crash 46%. More downside ahead?Musk’s wealth peaked at around $1.33 trillion on June 16, when SpaceX shares soared to a lifetime closing high of nearly $202 apiece. Howev...
AI bubble gone bust? Once a billionaire, how AI investor Leopold Aschenbrenner lost most of his hedge fund’s fortune in daysAschenbrenner's fund, Situational Awareness, massively grew to as big as $45 billion at the beginning of July before big losses took hold, ...
How the quick fall from grace of a fund run by 'Nostradamus of AI' triggered a 24-hour race to salvage itLeopold Aschenbrenner's hedge fund incurred significant losses and a forced sale of investments. Billionaire Ken Griffin's Citadel acquired...
Ex-OpenAI employee's hedge fund Situational Awareness hit by AI stock rout; seeks fresh fundingSituational Awareness hedge fund is seeking new capital after significant losses. The fund experienced heavy declines as artificial intelli...
Nebius shares jump as former OpenAI employee's fund buys stakeSituational Awareness managed $13.67 billion as of March 31, representing 148% growth from the end of 2025. It is run by Aschenbrenner, wh...
This AI forecast predicts storms aheadIn AI 2027, a forecast scenario by the AI Futures Project, artificial intelligence surpasses human intelligence by 2027, causing geopolitic...
This AI forecast predicts storms aheadThe AI Futures Project predicts that by 2027, AI will surpass human intelligence, leading to potential global disruption. Their scenario, "...
Amazon India head quits; Ola Electric IPO subscriptionAmazon India country head Manish Tiwary is set to step down in October. Details on this and more in today’s ETtech Top 5.
Shakeup at OpenAI: John Schulman, Greg Brockman among top exits at ChatGPT makerJohn Schulman, cofounder of OpenAI, departed to join Anthropic. Greg Brockman announced a year-end sabbatical, while Ilya Sutskever and Jan...
OpenAI dissolves high-profile safety team after chief scientist Ilya Sutskever’s exitOpenAI dissolves safety team led by Ilya Sutskever and Jan Leike, integrating efforts for AI system safety goals. The team was formed less ...