#hedge fund Tech News.
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AITechmemeabout 4 hours ago
Ex-OpenAI exec's hedge fund seeks capital after lossesLeopold Aschenbrenner's hedge fund Situational Awareness, founded in 2024, has approached investors and lenders for fresh capital after suffering heavy losses during July's AI stock sell-off. The fund had around $20 billion in assets under management as of June 8 and gained 439% after fees through June.
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