Community Trust ScoreVerified 83 % Real Verified 23 votesLeopold Aschenbrenner’s $20 billion AI fund is basically falling apart. Situational Awareness, the hedge fund he launched in 2024, is now facing forced liquidations, margin calls, and talks with investment bankers about an orderly wind-down. Situational Awareness held a stake tied to SK Hynix’s US listing through American Depositary Receipts. He then raised several hundred million dollars and founded Situational Awareness, betting heavily on the AI boom. Frequently Asked Questions What caused Situational Awareness to face collapse?