The Zhitong Finance App learned that after several weeks of bloody storms caused by the bursting of the AI bubble, Wall Street broke big news on Thursday: Situational Awareness (SA), a mythical hedge fund founded by Silicon Valley star investor and former OpenAI researcher Leopold Aschenbrenner, suffered a “disaster of extinction” due to the use of high leverage in centralized AI holdings. According to reports, the fund has urgently sold its public stock portfolio of up to 16 billion US dollars to Ken Griffin (Ken Griffin)'s Citadel Fund (Citadel). This landmark event not only announced the fall of the brightest star in the current AI hedge fund era, but the “empty hole” expectations brought about by it also detonated a sharp rebound in US stocks overnight.

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