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Situational Awareness Makes $400 Million Bet on Private Company, Rejoining Investment Arena

BlockBeats News, August 6th, according to Bloomberg sources, just days after his hedge fund was on the brink of collapse, 25-year-old Wall Street's rising AI stock guru and former OpenAI researcher Leopold Aschenbrenner has returned to the investment stage, throwing $400 million to support a private company.

This investment, completed on Tuesday, is the first signal of how Aschenbrenner is dealing with the aftermath after Situational Awareness Fund nearly collapsed last week due to multiple Wall Street lenders issuing additional margin calls.

This funding round is an addition to the $1 billion Aschenbrenner had already invested in the same company last month through Situational Awareness. It is currently unclear which company in his private equity portfolio has received this additional funding.

Fonte:BlockBeats

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