German AI Prodigy's Fund Crashes
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Leopold Aschenbrenner, once hailed as the 'brightest mind in AI trading' on Wall Street, saw his fund, Situational Awareness, plummet from $20 billion to near liquidation in a short period. The German 'wunderkind' built the fund to over $45 billion, making it one of the largest AI-focused hedge funds, before its dramatic decline.
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