[Hedge Fund Situational Awareness with $45 Billion AUM Faces Major Losses, Rushing to Liquidate Positions to Raise Funds] According to CNBC, sources revealed that the hedge fund Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrenner, is facing significant losses from its bets on AI stocks and shorting software stocks. The fund is urgently liquidating a large number of trades to raise funds. Situational Awareness's prime broker has been scrambling to raise capital to meet margin requirements. Sources disclosed that a major investment firm has apparently reached an agreement to acquire the fund's publicly traded assets. However, the identity of the buyer remains unclear. One insider noted that the fund's assets under management (AUM) peaked at $45 billion in early July before suffering massive losses.