Situational Awareness vs. Long-Term Capital Management: A side-by-side comparison
There are more similarities between the two hedge-fund blowups than one might expect.
AI Hedge Fund Situational Awareness Collapses
- Leopold Aschenbrenner Built a Hot A.I. Hedge Fund. Then it Melted Down. The New York Times —
- Citadel’s swoop on Situational Awareness helped stem a $3tn AI rout Financial Times —
- The Unwind of Situational Awareness' Stock Bets Bloomberg —
- AI Hedge Fund Collapses as Earnings Hit Tech Giants | Bloomberg Businessweek 7/31/2026 Bloomberg —
- 'We let you down': Leopold Aschenbrenner's mea culpa to fund investors after near-collapse Seeking Alpha —