News linked to both this project and an event.
According to a post by Bloom Trading, in response to recent wallet asset theft incidents, the platform stated it will fully compensate nine affected users (49 wallets in total) for all financial losses, and will transfer the compensation funds directly into new secure wallets designated by the users, without the need to establish a special compensation fund.
Odaily Report: After being forced to liquidate in July of this year, "AI Stock Oracle" Leopold Aschenbrenner's fund Situational Awareness has re-entered AI-related stocks and purchased hundreds of millions of dollars in options in early September.However, since September 8, 6 of the 7 stocks it focused on have fallen sharply: CoreWeave dropped 37.4%, SK Hynix fell 25.8%, SanDisk declined 23.8%, DRAM fell 22.9%, Bloom Energy dropped 18.1%, and Intel fell 9.4%. Only AMD bucked the trend with a 9.1% gain, while the 7 stocks fell an average of 18.3%.The actual investment losses of Situational Awareness still depend on position size, option terms, and subsequent trades. However, even with a long-term bullish view on AI development, options investments may still suffer losses if market movements do not align with the expected timeline. (Coin Bureau)
The fund previously held heavy positions in the chip and AI infrastructure sectors, with holdings including SanDisk, Bloom Energy, and CoreWeave, all three of which encountered the overall sell-off in the memory chip sector in July, with SanDisk dropping cumulatively 30% over the past month. Large tech stocks such as Google and Meta also experienced slight pullbacks, as market concerns over sustained high spending on AI intensified.
The Situational Awareness fund, managed by "AI Stock God" Leopold Aschenbrenner, accumulated a gain of 439% before June 2026. However, it suffered severe setbacks during the AI sector sell-off in July. The fund is currently communicating with existing investors and lenders to seek new capital and is offering some LPs the opportunity to purchase assets from its portfolio.Sources say this capital discussion appears more like an ad-hoc response than an organized new fundraising round. The fund had previously used leverage through prime brokers at several major investment banks to amplify its AI trading exposure, turning market drawdowns further into funding pressure.In a letter to investors on July 24, Aschenbrenner acknowledged that the fund failed to avoid this market shock, noting that Asian markets were particularly affected. However, he believes this sell-off could present the best buying opportunity since early 2025. He plans to open a window for new capital on August 1st and views Anthropic's potential IPO as a catalyst for the second half of the year.According to disclosures, some holdings saw significant declines in July. Oracle and AMD fell approximately 20% for the month, while Nebius, Saronic AI, Bloom Energy, Sandisk, and others saw even larger drops. The Nasdaq 100 index fell about 10% in July, and South Korea's Kospi index dropped by roughly one-third.Currently, lacking specific data on the fund's exact drawdown magnitude, it is difficult to determine whether this fundraising is a passive capital injection driven by leverage pressure or an active move to increase positions for an opportunity. However, market trends suggest it is closer to the former. If forced selling occurs, the deleveraging process could also create discount opportunities in assets whose fundamentals haven't materially changed.