Live news
Former OpenAI Researcher Bets on AI Stocks After $35 Billion Wipeout
Published Source: BeInCryptoRead original
Crypto Insight Summary: Six weeks after AI bets nearly wrecked his hedge fund, Leopold Aschenbrenner is putting money into the same companies again. His hedge fund, Situational Awareness, bought call options on AMD, Bloom Energy, CoreWeave, SK Hynix and SanDisk, CNBC reported, citing sources. The trades ran from late last week into this week. The former OpenAI researcher Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: AI stocks bets by a single fund manager have minimal market-wide impact.