Leopold Aschenbrenner
Leopold Aschenbrenner is the founder of Situational Awareness, an investment firm focused on artificial general intelligence. He previously worked on the Superalignment team at OpenAI before departing in 2024. He is best known for a widely circulated series of essays arguing that rapid advances in artificial intelligence will require enormous expansion of computing power, semiconductors, and energy infrastructure, and for the subsequent high-profile meltdown of his AI-focused hedge fund in July 2026.
“Absolutely right on the trend and remains to date right on the trend. In other words, the data just last week about CapEx absolutely supports his memo. So conceptually right on the trend and then absolutely wrong on portfolio construction. If you accumulate a portfolio of high volatility stocks with 4X leverage, the math makes it clear your probability of getting wiped out once is just very high.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.