Situational Awareness Loaded Up on AI Stocks Before July Selloff

Leopold Aschenbrenner's Situational Awareness hedge fund significantly increased investments in AI infrastructure stocks before a major July selloff, which forced it to liquidate holdings and reduce assets from $45 billion to around $10 billion. The fund retained a private equity stake in Anthropic, signalling ongoing belief in long-term AI value despite public market losses.

This Wire brief sits within Fusion42's coverage of AI Infrastructure.