Today I watched the OMR-Podcast episode “Deutsches KI-Wunderkind” about Leopold Aschenbrenner from four days ago, where Pip and Noah warned that catching a trend early doesn’t mean you can hold the performance. A few hours later, CNBC reported that Leopold’s fund Situational Awareness sold its entire public book to Citadel.
But he is not wiped out. The fund launched in late 2024 with $225 million and returned 439% net through June, according to the Financial Times. And his private stakes remain, including an Anthropic position bought at around a $60 billion valuation.