According to the Financial Times, after Situational Awareness, a hedge fund founded by Leopold Aschenbrenner, a former OpenAI employee, suffered losses due to falling AI stocks, this institution, which manages assets of about 20 billion US dollars, is seeking new capital. The report quoted unnamed people familiar with the matter as reporting that the fund has contacted existing investors and lenders to discuss fund-raising matters. The newspaper also said that some investors have been given the option to buy assets in the fund's portfolio. One of the people familiar with the matter said that these consultations were temporary arrangements. According to reports, AI stocks have recently plummeted in recent weeks, putting pressure on the fund that Aschenbrenner founded in 2024; he left OpenAI, the company behind ChatGPT at the time. According to the report, this hedge fund has used leverage to increase investment returns, and leverage may also amplify investment losses.

According to the Financial Times, after Situational Awareness, a hedge fund founded by Leopold Aschenbrenner, a former OpenAI employee, suffered losses due to falling AI stocks, this institution, which manages assets of about 20 billion US dollars, is seeking new capital. The report quoted unnamed people familiar with the matter as reporting that the fund has contacted existing investors and lenders to discuss fund-raising matters. The newspaper also said that some investors have been given the option to buy assets in the fund's portfolio. One of the people familiar with the matter said that these consultations were temporary arrangements. According to reports, AI stocks have recently plummeted in recent weeks, putting pressure on the fund that Aschenbrenner founded in 2024; he left OpenAI, the company behind ChatGPT at the time. According to the report, this hedge fund has used leverage to increase investment returns, and leverage may also amplify investment losses.