22岁的前OpenAI研究员Leopold Aschenbrenner创办的对冲基金Situational Awareness陷入流动性危机，在短短30小时内被迫抛售约200亿美元资产[1]。这场华尔街风暴源于AI股票暴跌和基金过度杠杆化的投资策略。高盛向该基金施压要求偿还部分贷款，迫使其进行大规模减持[1]。最终，对冲基金Citadel同意以折扣价接手部分资产[1]。
Situational Awareness在2024年11月成立时融资1亿美元，并在2025年早期取得了超过200%的回报率[1]。到7月初，该基金的资产规模达到约30亿美元[1]。然而，在AI板块下跌的冲击下，该基金因高度杠杆化的头寸而面临巨大风险。在Citadel接手后，基金资产缩水至约8亿美元[1]。
Aschenbrenner在致投资者的信件中表示歉意，写道"我们让你们失望了"[1]。这位15岁进入哥伦比亚大学的研究者承诺将继续运营该基金[1]。
A hedge fund founded by 22-year-old former OpenAI researcher Leopold Aschenbrenner faced a severe liquidity crisis in July 2025, triggering a dramatic forced asset sale on Wall Street.[1] Situational Awareness, which had launched in November 2024 with $100 million in funding and delivered returns exceeding 200% in early 2025, held approximately $3 billion in assets by early July.[1] The fund's troubles stemmed from aggressive leverage and excessive borrowing tied to artificial intelligence stock investments, prompting lender Goldman Sachs to demand repayment of portions of its credit facility.[1]
Facing mounting pressure, the fund executed an emergency liquidation of roughly $20 billion in assets over a 30-hour period.[1] Hedge fund Citadel agreed to acquire a portion of the portfolio at a discount, ultimately leaving Situational Awareness with approximately $800 million in remaining assets.[1] In a message to investors, Aschenbrenner acknowledged the setback, writing "We let you down," while indicating his intention to continue operating the fund.[1] Aschenbrenner, who entered Columbia University at age 15, had joined OpenAI as a researcher before launching his own investment vehicle.[1]