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HomeBusinessAI Stock Jumps After Ex OpenAI Employee’s Fund Reveals Stake.Here's the Why

AI Stock Jumps After Ex OpenAI Employee’s Fund Reveals Stake.Here’s the Why

Nebius shares gained 7% following a filing revealing that Situational Awareness, a hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, owns 12.4 million Class A shares, equivalent to a 5.6% stake in the company.

The hedge fund manages billions and focuses on investing in AI infrastructure.

Source (CNBC)

SourceCNBC
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