AI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say

AI investor Leopold Aschenbrenner is being forced to unwind all public stock positions after steep losses, sources say. The hedge fund founded by Aschenbrenner, Situational Awareness, is rapidly unwinding many of its public stock positions after suffering steep losses tied to artificial intelligence investments and bearish bets against software companies. According to CNBC, several of Situational Awareness' prime brokers, including Bank of America, Goldman Sachs and JPMorgan Chase, have been working with the hedge fund to either raise cash or reduce positions in an orderly manner.