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Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.
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Trump says anti-weaponization fund in IRS settlement is ‘dead' even as he defends it apnews.comTrump Escalates Feud With Senate Over Blanche The New York TimesBrooks and Capehart on Blanche's stalled nomination and Trump's 'anti-weaponization fund' PBSWhy senators fear Trump's DOJ payout fund isn't dead, despite Blanche's promises The Washington Post
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Leopold Aschenbrenner's fund was forced to sell most of its $16 billion stock portfolio to Citadel.
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Situational Awareness, led by a 24-year-old, exploded onto the artificial intelligence scene — and then nose-dived.
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Microsoft earnings provided optimism for the AI trade, as did the trading activity surrounding a hedge fund's fire sale.
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