{"slug": "aschenbrenners-ai-fund-collapse-is-just-the-beginning", "title": "Aschenbrenner’s AI Fund Collapse Is Just The Beginning", "summary": "Leopold Aschenbrenner's AI fund, Situational Awareness, collapsed amid turmoil driven by leverage, according to a discussion between Ed Elson and Michael Green, chief strategist at Simplify Asset Management, who also warned that leveraged ETFs are impacting the semiconductor industry. The episode also covered U.S. intervention to support the Japanese yen and Trump's decision to sell early access to his social media posts.", "body_md": "Ed Elson is joined by Michael Green to discuss the role that leverage played in the turmoil with Leopold Aschenbrenner’s fund, Situational Awareness, and how leveraged-ETFs are impacting the semiconductor industry. Then, Katie Martin returns to break down why the U.S. intervened to help Japan with the yen and whether the U.S. is actually in a position to prop up the currency. Finally, Ed gives his take on Trump’s decision to sell early access to his social media posts.\n\nMichael Green is the Chief Strategist and Portfolio Manager for Simplify Asset Management and author of the [Yes I give a fig Substack](https://substack.com/@michaelwgreen). Katie Martin is a markets columnist and editorial board member at the Financial Times.\n\n*Looking for the full version? Become a Prof G+ subscriber for unlimited, ad-free access to all our videos, including exclusive content only available on Substack.*", "url": "https://wpnews.pro/news/aschenbrenners-ai-fund-collapse-is-just-the-beginning", "canonical_source": "https://www.profgmedia.com/p/aschenbrenners-ai-fund-collapse-is", "published_at": "2026-08-04 11:01:49+00:00", "updated_at": "2026-08-04 11:51:40.632248+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-startups", "ai-policy"], "entities": ["Leopold Aschenbrenner", "Situational Awareness", "Ed Elson", "Michael Green", "Simplify Asset Management", "Katie Martin", "Financial Times", "Trump"], "alternates": {"html": "https://wpnews.pro/news/aschenbrenners-ai-fund-collapse-is-just-the-beginning", "markdown": "https://wpnews.pro/news/aschenbrenners-ai-fund-collapse-is-just-the-beginning.md", "text": "https://wpnews.pro/news/aschenbrenners-ai-fund-collapse-is-just-the-beginning.txt", "jsonld": "https://wpnews.pro/news/aschenbrenners-ai-fund-collapse-is-just-the-beginning.jsonld"}}