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At close · Fri, Jul 31, 2026
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HomeETFs & FundsHedge FundsAI-focused hedge fund Situational Awareness plunges th…

AI-focused hedge fund Situational Awareness plunges this week

CNBC reports that Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, has seen a sharp downturn in his AI-focused fund, Situational Awareness, this week.

The outlet says the decline has been dramatic after Aschenbrenner’s $45 billion AI hedge fund approach.

CNBC also highlights that the fund’s drop occurred over just a matter of days, underscoring the volatility of the strategy.

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