Ex-OpenAI researcher Leopold suffers record-breaking $35 billion single-day loss

Former OpenAI researcher Leopold Aschenbrenner, frequently referred to as the 'AI Prophet', has recorded the largest single-day trading loss in history, totaling $35 billion (₹3.35 lakh crore). This massive decline surpasses the previous records held by Morgan Stanley, which lost ₹1.32 lakh crore in 2008, and JPMorgan, which saw a ₹1.25 lakh crore loss in 2012. The 2021 loss of ₹1.2 lakh crore by Archegos Capital Management now sits in the fourth position.

by shortkt.com
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Ex-OpenAI researcher Leopold suffers record-breaking $35 billion single-day loss | ShortKT