Situational Awareness tells investors that it will not accept new funding for the time being, and Morgan Stanley plans to make it the main brokerage client within a few weeks

Comparatively, Leopold Aschenbrenner's hedge fund Situational Awareness “bursts out”, but instead of deterring investors, the crisis has sparked a new wave of popularity in Silicon Valley. Currently, the fund's remaining asset portfolio (including private equity) is worth about $10 billion. Situational Awareness was previously revealed to be seeking new capital injections due to significant losses in AI-related stocks, but the fund's bursting experience not only did not become a stain in Silicon Valley, but instead strengthened the “heroic personality” of founder Leopold Aschenbrenner. Many Silicon Valley investors saw it as an opportunity to “buy on dips”, and continued to stand as a platform for the former OpenAI researcher's transformed investor. Currently, the fund has told investors that it will not accept new capital for the time being, but the enthusiasm from the outside world is not there any enthusiasm from the outside world As a result, it declined, and senior venture capitalist Elad Gil even publicly announced his first application to invest in Aschenbrenner's fund.

Additionally, Morgan Stanley, which previously declined to provide principal brokerage services for Situational Awareness, has changed its position and plans to include the fund as a prime brokerage client within the next few weeks. However, if the high returns from earlier this year are to be reinstated, Aschenbrenner will ultimately have to persuade Wall Street to re-provide leverage. That means he must find a sustainable path between Silicon Valley's enthusiastic support and Wall Street's stringent requirements for risk management. (Wall Street News)