Leopold Aschenbrenner Returns to the Market After Situational Awareness' Rout With New AI Options Bets

Source: International Business Times

Aschenbrenner's investment firm, Situational Awareness, has begun buying options tied to several prominent AI and technology stocks, including Advanced Micro Devices, Bloom Energy, and CoreWeave. StockSnap/Pixabay German artificial intelligence researcher and investor Leopold Aschenbrenner is returning to the public markets just weeks after a dramatic selloff in AI stocks nearly brought his hedge fund to its knees. Aschenbrenner's investment firm, Situational Awareness, has begun buying options tied to several prominent AI and technology stocks, including Advanced Micro Devices, Bloom Energy and CoreWeave, according to CNBC, citing people familiar with the trading activity.