
Our Town Chapter 1: Sometimes You Find Silver
07 Aug 2026
45m

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.


The AI-focused hedge fund Situational Awareness, founded by 24-year-old Leopold Aschenbrenner, experienced a dramatic collapse after its aggressive, highly leveraged strategy failed during recent market volatility. Assets plummeted from $45 billion to $10 billion in July, forcing the firm to seek a bailout from Ken Gri...


















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