'AI Prophet' Leopold's 1-day $35-billion crash becomes largest in world's history

The $35-billion (₹3.35 lakh crore) loss that Leopold Aschenbrenner, an ex-OpenAI researcher who's often dubbed 'AI Prophet', saw in a single day has become the world's largest trading loss in history. His loss is followed by Morgan Stanley's 2008 ₹1.32-lakh-crore loss and JPMorgan's 2012 ₹1.25-lakh-crore loss. Archegos Capital Management's 2021 ₹1.2-lakh-crore loss ranks fourth.