1 Day
Source:
New York Post
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Tech executive AI fund falters before wedding
Leopold Aschenbrenner, a 24-year-old founder of an AI-focused hedge fund, saw his $45 billion portfolio collapse after heavy borrowing for AI investments, just days before his wedding in California. Despite selling billions and reducing his holdings, his firm still manages over $10 billion. Aschenbrenner, known for his rise in Silicon Valley and connections to prominent investors, is now focused on rebuilding after the dramatic fund collapse.
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