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AI Fund Surges 1,000%, Forecasts Superintelligence by 2030

8/10/2026

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Summary

Story summary

Leopold Aschenbrenner's Situational Awareness fund climbed over 1,000% since launch, per the Wall Street Journal.
In June 2024 he released “Situational Awareness: The Decade Ahead,” predicting AI will match intelligence by 2027 and become superintelligent by 2030.
The fund poured into AI chipmakers and cloud firms, with the Dow and S&P 500 hitting highs, stocks falling, and a survey showing one in five men 18-29 trade stocks, signaling optimism.

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Story summary

Leopold Aschenbrenner's Situational Awareness fund climbed over 1,000% since launch, per the Wall Street Journal.
In June 2024 he released “Situational Awareness: The Decade Ahead,” predicting AI will match intelligence by 2027 and become superintelligent by 2030.
The fund poured into AI chipmakers and cloud firms, with the Dow and S&P 500 hitting highs, stocks falling, and a survey showing one in five men 18-29 trade stocks, signaling optimism.