POPA Recon[CNBC] AI investor Leopold Aschenbrenner forced to liquidate all public stock positions after heavy losses — Sources
[CNBC] AI investor Leopold Aschenbrenner forced to liquidate all public stock positions after heavy losses — Sources • The $24 billion hedge fund founded by Leopold Aschenbrenner has liquidated all of its public stock holdings due to large losses in AI-related companies and bad bets on software stocks, people familiar with the matter said. • Public stocks, both long and short, accounted for about two-thirds of total assets, and significant losses were recorded from investments related to AI infrastructure such as SK Hynix and short positions in software companies such as Adobe, sources said…
The excerpt is quoted from a public Telegram channel, which owns its text.