Leopold Aschenbrenner's AI hedge fund Situational Awareness had to unload nearly its entire publicly traded portfolio to Ken Griffin's Citadel after racking up heavy losses on leveraged AI stock positions. Just days earlier, Aschenbrenner had reported a six-month return of 439 percent and pulled in fresh capital. Then margin calls forced the fire sale.<br /> The article Aschenbrenner's AI thesis could be correct, his timing and leverage were not appeared first on The Decoder. [...]
Some of the most successful creators on Facebook aren't names you'd ever recognize. In fact, many of their pages don't have a face or recognizable persona attached. Instead, they run pa [...]
Large language models (LLMs) have astounded the world with their capabilities, yet they remain plagued by unpredictability and hallucinations – confidently outputting incorrect information. In high- [...]
The man who wrote the defining case for the AI boom just got wiped out betting on it. Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, has been forced t [...]
The UK AI Security Institute (AISI) disclosed last night that the leading two frontier AI models from Anthropic and OpenAI took 19 unsanctioned actions against the live internet during cybersecurity t [...]
There is a step in the development process for large language model (LLM)-assisted tooling that most teams skip because it's tedious, time-consuming, and doesn't produce results visible to e [...]