POPA ReconLeopold Aschenbrenner's hedge fund seeks capital expansion after AI stock plunge
Leopold Aschenbrenner's hedge fund seeks capital expansion after AI stock plunge ‘Situational Awareness’, a hedge fund worth about $20 billion founded by former OpenAI researcher Leopold Aschenbrenner, is trying to raise new funds from investors after suffering heavy losses due to the recent plunge in AI-related stocks The fund recently held discussions with existing investors and lenders to raise additional capital, according to people familiar with the matter. It is said that some investors were also offered the option of directly purchasing portfolio assets held by the fund. However, one…
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