Leopold Aschenbrenner's hedge fund gets margin-called after AI bet fails

Leopold Aschenbrenner's Situational Awareness hedge fund was margin-called out of its AI-boom bet, leading to the loss of the fund's investments. The Verge comments on the irony of the fund's name.

• The loss of Situational Awareness
• The man who wrote the AI-boom bible just got margin-called out of it