> Leopold Aschenbrenner’s hedge-fund firm Situational Awareness is down around 67% so far in July after incurring heavy losses on AI stocks...
More than just down - liquidated (sold to Citadel) due to pending margin calls.
Literally the first line
When I read a title it helps me to determine whether I want to read it or not. This one is tricky and confusing because the company name is stupid and was probably picked for the clickbait potential. This is absolutely one where I read the comments before the link.
The link is right there, and the answer is in the first paragraph.