25-Year-Old Lost $35 Billion of His Investors’ Money. 2 Weeks Later, Silicon Valley Insiders Are Lining Up to Give Him More Cash.
Quick Read – Aschenbrenner ran 400% leverage on concentrated AI bets including $NBIS and $CRWV, triggering margin calls that vaporized $35 billion in days. – Shorts in $ADBE moved against the fund, yet within two weeks Silicon Valley insiders rallied to offer Aschenbrenner fresh capital. – Aschenbrenner deployed $500 million into private companies post-collapse and retains Anthropic stakes, signaling conviction from a $10 billion remaining base. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Nebius Group didn’t make the cut
Grab the names FREE today. Two weeks ago, Leopold Aschenbrenner watched roughly $35 billion of investors’ money evaporate in days. His AI hedge fund, Situational Awareness, went from a $45 billion peak in early July to about $10 billion by late July after leveraged bets on AI infrastructure stocks unwound in margin calls.
Wall Street and Silicon Valley insiders are now asking to hand him more money. The fund is telling them no, for now. The Kid With the Essay Aschenbrenner is 25, though some outlets have put him at 24.