AI Fund Suffers Reversal; Citadel Takes Over Most of the Stock Positions
2026-07-31 19:06:02
According to CoinMeta, the AI fund experienced a 439% surge in profits within half a year before facing backlash, and Citadel took over most of the stock positions. The fund was managed by 24-year-old researcher Leopold Aschenbrenner, who held approximately $16 billion in publicly traded stocks before making trades, with a heavy focus on companies in the SK Hynix, CoreWeave, Nebius and other AI industry chains. After the market turned around, the fund chose to reduce its holdings and liquidate its publicly traded stocks. Leopold will get married to his fiancée Avital Balwit this weekend, and Avital serves as the chief of staff for Anthropic CEO Dario Amodei.
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Source:Internet
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