August 4, 2026
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1:34Now PlayingPatrick Bet-David and the Home Team break down the collapse of Situational Awareness, the AI hedge fund built by 24-year-old former OpenAI researcher Leopold Aschenbrenner off the back of a viral 165-page essay.
The fund returned 439% through June 2026 and peaked near $45 billion in assets, then fell to roughly $10 billion after margin calls forced Aschenbrenner to sell his entire public equity book to Ken Griffin's Citadel at a discount.
The PBD Podcast is hosted by Patrick Bet David, CEO of Valuetainment. Join us live every Monday, Wednesday, and Friday at 9 AM EST as we break down the biggest stories in news, politics, business, current events, and pop culture, plus interviews with today’s most influential leaders.
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