Situational Awareness LP
Situational Awareness LP is a San Francisco-based AI-focused long/short equity hedge fund founded by former OpenAI researcher Leopold Aschenbrenner in 2024, named after his influential essay series on AI development. The fund invests in AI infrastructure themes — including semiconductors, power, and data centers — and launched with approximately $225 million in initial capital from backers including Patrick and John Collison, Nat Friedman, and Daniel Gross.
“Leopold Aschenbrenner... has grown his hedge fund, Situational Awareness, to more than $20 billion in assets after gains of more than 1,000% since inception.”
Source→“Situational Awareness, an influential hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, has turned sharply bearish on the AI infrastructure trade with more than $1.5 billion in put options against Nvidia and multibillion-dollar bearish bets against semiconductor and AI infrastructure companies including Oracle, Broadcom, AMD, TSMC, and ASML.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.