Leopold Aschenbrenner Built a Hot A.I. Hedge Fund. Then It Melted Down

ssbulaev about 2 hours ago 2 commentsRead Article on nytimes.com

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Discussion (2 Comments)Read Original on HackerNews

mhaaseth•about 2 hours ago

Didn't actually melt down though, in his recent letter he states that his fund is still 80% profitable YTD. Here's the letter: https://x.com/tbpn/status/2083226453509030285?s=20

wjnc•about 2 hours ago

Can be true at the same time when dealing with high leverage and a growing fund. The YTD doesn’t make you more liquid or secure.