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Patrick and John Collison

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Situations

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AI Hedge Fund Liquidation and Regulatory Scrutiny

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Latest: Situational Awareness fund faces new losses in AI stock comeback

Leopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, which had ballooned to approximately $45 billion AUM and delivered a 439% return by June 2026, suffered a 67% plunge in its public-equity portfolio in