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Leopold Aschenbrenner's AI Infrastructure Fund Grows from $255M to $13.7B in Six Quarters

1mo ago· 1 min readenNews

Summary

Leopold Aschenbrenner's Situational Awareness LP has grown from $255M to $13.7B in six quarters, making a massive bet on AI infrastructure. The fund, launched in mid-2024 after Aschenbrenner's 165-page AGI essay, has grown nearly every quarter, crossing $1B in Q1 2025 and $5B in Q4 2025, then adding $8.5B in SMH in Q1 2026. Recent filings show Nvidia and AMD puts indicating caution toward AI chip exposure, while CleanSpark holdings rose about 7x.

Source

bskyLeopold Aschenbrenner's AI Infrastructure Fund Grows from $255M to $13.7B in Six Quartersbriefly.co

Key quotes

· 4 pulled
The fund's 13F footprint began in late 2024 with a $255M book and grew almost every quarter.
It crossed $1B in Q1 2025 and $5B in Q4 2025, then added $8.5B in SMH in Q1 2026.
Q1 2026 also included Nvidia and AMD puts, indicating caution toward AI chip exposure.
CleanSpark holdings rose about 7x.
Snippet from the RSS feed
Situational Awareness LP launched in mid-2024 after Leopold Aschenbrenner published a 165-page essay on artificial general intelligence. The essay claimed AGI was closer than public consensus, with compute and power infrastructure as the binding constrain

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