Source: International Business Times
The fund ultimately sold its public equity holdings, including stakes in companies such as SK Hynix and CoreWeave, to Citadel at a discount after facing mounting margin pressure. Fabrice COFFRINI / AFP via Getty Images Leopold Aschenbrenner built one of Wall Street's fastest-growing hedge funds by betting that the artificial intelligence boom was only just beginning. Now, the former OpenAI researcher has become one of the AI investing world's most dramatic cautionary tales after his firm reportedly lost most of its value in a matter of days.
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