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The 23-Year-Old Who Turned a 165-Page Essay Into a $45 Billion Fund — Then Lost It All in 20 Days

Leopold Aschenbrenner's Situational Awareness fund went from 439% gains to a forced liquidation in under three weeks. You don't need to understand hedge funds to see why this $45 billion unwind is a warning sign for every AI investor in 2026. The post The 23-Year-Old Who Turned a 165-Page Essay Into a $45 Billion Fund — Then Lost It All in 20 Days appeared first on Memeburn .

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The 23-Year-Old Who Turned a 165-Page Essay Into a $45 Billion Fund — Then Lost It All in 20 Days

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

Source: Memeburn
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