Funds owned by AI Shares tried to sell shares in unlisted companies for additional security deposits this week

Comparative news, according to Bloomberg, Situational Awareness, an AI-themed hedge fund founded by Leopold Aschenbrenner, a 25-year-old Wall Street AI shareholder and former OpenAI researcher, tried to sell some of its shares in unlisted companies this week due to a rush to raise cash in response to successive additional security deposit notices issued by lenders.

According to people familiar with the matter, the troubled hedge fund has contacted a number of venture capital institutions, including Sequoia Capital (Sequoia Capital) and Greenoaks, in the process of seeking to take over some of its holdings.

Today, it was reported that Situational Awareness has been forced to cut meat to Citadel after its net worth fell by about 67% during the month, and is seeking new capital injections.