AI infrastructure stocks surge as Aschenbrenner fund reportedly dumps $1bn portfolio

Shares in IREN, Core Scientific and other AI infrastructure companies surged following reports that Leopold Aschenbrenner's Situational Awareness fund liquidated a $1 billion AI infrastructure portfolio. These companies were held based on Aschenbrenner's conviction that power and data-center capacity are critical to scaling AI. The sell-off appears to have triggered buying interest from other institutional investors.

Is a major AI fund liquidating its portfolio a warning sign for the sector?

The Block · 14h ago · Source ↗

Comments

No comments yet

🔥 Hot right now

AI infrastructure stocks surge as Aschenbrenner fund reportedly dumps $1bn portfolio

Comments

Comments

You're all caught up

Scroll like on TikTok