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Former OpenAI Researcher Bets on AI Stocks After $35 Billion Wipeout

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Former OpenAI Researcher Bets on AI Stocks After $35 Billion Wipeout

Six weeks after AI bets nearly wrecked his hedge fund, Leopold Aschenbrenner is putting money into the same companies again. His hedge fund, Situational Awareness, bought call options on AMD, Bloom Energy, CoreWeave, SK Hynix and SanDisk, CNBC reported, citing sources. The trades ran from late last week into this week. The former OpenAI researcher The post Former OpenAI Researcher Bets on AI Stocks After $35 Billion Wipeout appeared first on BeInCrypto.

Key Takeaways

  1. Six weeks after AI bets nearly wrecked his hedge fund, Leopold Aschenbrenner is putting money into the same companies again.
  2. His hedge fund, Situational Awareness, bought call options on AMD, Bloom Energy, CoreWeave, SK Hynix and SanDisk, CNBC reported, citing sources.
  3. The trades ran from late last week into this week.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.