Anthropic Stake Drives This AI Hedge Fund to $20 Billion and 270% Gains

BeInCrypto Editorial

(05:28 PM UTC)

1 min read

A 24-year-old former OpenAI researcher has turned a gloomy essay about artificial intelligence into one of the hottest trades on Wall Street. Leopold Aschenbrenner’s AI hedge fund, Situational Awareness, now manages about $20 billion.

The fund gained roughly 270% after fees this year through May, according to figures reported by the Wall Street Journal. In plain terms, money left there in January…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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