The asset size of Situational Awareness, a hedge fund owned by Leopold Aschenbrenner, has dropped to about $10 billion. Previously, Ken Griffin's Castle took over most of the fund's stock positions. People familiar with the matter said that this scale has been reduced by more than half from a few months ago. Also, according to people familiar with the matter, Situational Awareness began to close some of its stock positions after the fund suffered losses due to the sharp decline in artificial intelligence stocks in recent weeks. Proceeds from this week's sale of assets have been used to repay banks that provided leveraged financing for Situational Awareness. A person familiar with the matter said that Situational Awareness still holds shares in unlisted companies, including Anthropic PBC, of which Anthropic's holdings are valued at about $5 billion.

The asset size of Situational Awareness, a hedge fund owned by Leopold Aschenbrenner, has dropped to about $10 billion. Previously, Ken Griffin's Castle took over most of the fund's stock positions. People familiar with the matter said that this scale has been reduced by more than half from a few months ago. Also, according to people familiar with the matter, Situational Awareness began to close some of its stock positions after the fund suffered losses due to the sharp decline in artificial intelligence stocks in recent weeks. Proceeds from this week's sale of assets have been used to repay banks that provided leveraged financing for Situational Awareness. A person familiar with the matter said that Situational Awareness still holds shares in unlisted companies, including Anthropic PBC, of which Anthropic's holdings are valued at about $5 billion.