Aschenbrenner’s fund loaded up on memory stocks before 67% loss

AI Summary Recent filings with the SEC show that Leopold Aschenbrenner’s Situational Awareness AI hedge fund had almost fifty percent of its US equity portfolio invested in SanDisk and Micron before a liquidation event that occurred in July, wiping out 67% of the fund’s value in just one month. To the overall AI sector, the reveal indicates... fulltext: 346 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/aschenbrenner-fund-memory-stocks-67-loss/ Source: CryptoPolitan