He is known as the “Nostradamus” of the AI world, a young prophet who made bold predictions about the future. “It won't be long before the world wakes up,” tech visionary turned hedge fund manager Leopold Aschenbrenner predicted in 2024. This week, the world did wake up, but in a very different way than what Aschenbrenner had anticipated. As uneasy banks began requiring him to provide more and more collateral for his transactions, his high-performing hedge fund Situational Awareness was suddenly forced to sell a multi-billion dollar technology investment that had recently plummeted. Then billionaire Ken Griffin appeared. According to a source familiar with the matter, in less than 24 hours, Griffin's castle investment contacted Situational Awareness, during which time there was a conversation between Griffin and Aschenbrenner, and Castle Investment bought this batch of investments at a discounted price. The person familiar with the matter requested anonymity due to undisclosed information. It was certainly an amazing reversal for Aschenbrenner. The former OpenAI researcher had no investment experience before starting this hedge fund about two years ago. The asset size of his startup plummeted from $45 billion in early July to around $10 billion.

He is known as the “Nostradamus” of the AI world, a young prophet who made bold predictions about the future. “It won't be long before the world wakes up,” tech visionary turned hedge fund manager Leopold Aschenbrenner predicted in 2024. This week, the world did wake up, but in a very different way than what Aschenbrenner had anticipated. As uneasy banks began requiring him to provide more and more collateral for his transactions, his high-performing hedge fund Situational Awareness was suddenly forced to sell a multi-billion dollar technology investment that had recently plummeted. Then billionaire Ken Griffin appeared. According to a source familiar with the matter, in less than 24 hours, Griffin's castle investment contacted Situational Awareness, during which time there was a conversation between Griffin and Aschenbrenner, and Castle Investment bought this batch of investments at a discounted price. The person familiar with the matter requested anonymity due to undisclosed information. It was certainly an amazing reversal for Aschenbrenner. The former OpenAI researcher had no investment experience before starting this hedge fund about two years ago. The asset size of his startup plummeted from $45 billion in early July to around $10 billion.