Leopold Aschenbrenner, a former OpenAI researcher, has revealed significant investments in Bitcoin miners through his hedge fund, Situational Awareness LP, as detailed in a recent SEC filing. The fund, which has surged from $383 million to approximately $5.52 billion in equity positions in less than a year, has pivoted its focus from traditional AI applications to the power and infrastructural support behind the AI boom. This includes betting on Bitcoin miners like Core Scientific, which are transitioning to serve as AI infrastructure hubs, capitalizing on their power-rich sites as the demand for AI computing grows. Additionally, Aschenbrenner’s fund has adopted a short position in Infosys, anticipating that advancements in AI will challenge traditional software outsourcing models.
Situational awareness LP reveals $5.52B Bitcoin miner bets in SEC filing
