AI bubble gone bust? Once a billionaire, how AI investor Leopold Aschenbrenner lost most of his hedge fund’s fortune in days
3 sources·Updated August 1, 2026
Covered by 3 sources
- Daily Mail News·6h agoWonderkid hedge fund manager's $45 billion fund unravels days before his wedding
Leopold Aschenbrenner's honey-gold hair and distinctive monochrome turtle necks bolstered his image as the reclusive 'Nostradamus of AI' - but this came crashing down this week.
Read at Daily Mail News → - Mint News·14h agoWho is Leopold Aschenbrenner? ‘AI prophet’ gets married this weekend after losing $35 billion
Leopold Aschenbrenner gained attention after a viral essay on AI. A former OpenAI researcher, he faced dismissal over security concerns but later raised $225 million for his hedge fund.
Read at Mint News → - Economic Times·19h agoAI bubble gone bust? Once a billionaire, how AI investor Leopold Aschenbrenner lost most of his hedge fund’s fortune in days
Aschenbrenner's fund, Situational Awareness, massively grew to as big as $45 billion at the beginning of July before big losses took hold, CNBC reported citing sources. The fund began to see massive losses in recent weeks as its heavyweight AI holdings like SK Hynix sharply…
Read at Economic Times →
