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'AI Prophet' Leopold calls losing ₹3.3-lakh-cr stocks 'expensive scars', releases statement
short by Ashley Paul / on Sunday, 2 August, 2026
'AI Prophet' Leopold Aschenbrenner, who sold most of his hedge fund's public stocks and brought down its value by ₹3.3 lakh crore, said the situation left him with "very expensive scars". In a letter to investors, Aschenbrenner said, "My core promise...is that we'll not waste the opportunity to learn from these events." He also took "full responsibility for these events".
read more at Financial Express