TLDR Tech / Fintech
His Wedding Guests Were Arriving—Just as His $45 Billion Fund Was Falling Apart
Leopold Aschenbrenner's $45 billion AI investment fund faced collapse as his wedding guests arrived, due to excessive borrowing for AI stock bets. Citadel acquired most of the firm's public stock portfolio at a significant discount, leaving the fund with over $10 billion in assets, but still operational.
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