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Why Leopold Aschenbrenner’s AI hedge fund is betting big on power companies and bitcoin miners to fuel the AI boom
3 Articles
3 Articles
Why Leopold Aschenbrenner’s AI hedge fund is betting big on power companies and bitcoin miners to fuel the AI boom
When Fortune profiled Leopold Aschenbrenner in October 2025, the former OpenAI researcher—famously fired after roughly a year at the company—and onetime member of FTX’s Future Fund philanthropy team was best known for a self-published 165-page monograph titled Situational Awareness: The Decade Ahead. That essay, published in 2024, argued that governments and investors needed to recognize how quickly AGI, or artificial general intelligence, could…
Moved from OpenAI, there he is billionaire. Leopold bets on electricity and bitcoin miners to feed the AI. His old buddies cry out for sale. He, he takes it. The article An ex-researcher at OpenAI invests billions in energy and Bitcoin appeared first on Cointribune.
A young 24-year-old manager, Leopold Aschenbrenner, would be reconfiguring a multimillion-dollar portfolio to bet on what he considers to be the real bottleneck of artificial intelligence: energy, permits and physical infrastructure. An analysis of his movements, commented in the video “Forget NVIDIA This 24-Year-Old’s $4.5B Bet on AI’s Real Problem (Leopold Aschenbrenner)” of the Limitless Podcast channel, shows him coming out of chip giants a…
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