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One of Wall Street’s most-watched AI investors just sold off all his stocks. Here’s why

Situational Awareness, a hedge fund run by former OpenAI researcher Leopold Aschenbrenner, reportedly sold its investments after massive losses.

Situational Awareness—an AI-focused hedge fund run by former OpenAI researcher Leopold Aschenbrenner—made headlines on Thursday when it sold off investments and was unwinding trades after suffering massive losses on AI and software stocks, according to CNBC, who spoke with people familiar with the situation.

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