Leopold Aschenbrenner invested $400 million into an undisclosed Sequoia-backed AI company after his hedge fund's assets dropped from $45 billion

Leopold Aschenbrenner's Situational Awareness hedge fund lost 67% in July 2026, selling $16B to Citadel at a discount after concentrated AI bets

Warren Buffett's followers say Leopold Aschenbrenner's Situational Awareness got burned because it lacked Buffett's patience and prudence.