- Situational Awareness vs. Long-Term Capital Management: A side-by-side comparison MarketWatch —
- 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 —
- The power couple of AI is getting married in Carmel, days after groom Leopold Aschenbrenner’s hedge fund nearly blew up Fortune —
Leopold Aschenbrenner
German-American AI researcher
Leopold Aschenbrenner is a German artificial intelligence researcher and investor. He was part of OpenAI's "Superalignment" team before he was fired in April 2024 over an alleged information leak, which Aschenbrenner disputes. In 2024, he published an essay titled "Situational Awareness" about the emergence of artificial general intelligence (AGI) and related security risks. The essay attracted widespread media and industry attention, and became the namesake for Aschenbrenner's hedge fund, Situational Awareness LP. The hedge fund, which had $45 billion AUM at its peak, invests in private and public companies involved in AI.
AI Hedge Fund Situational Awareness Collapses