AI Hedge Fund Situational Awareness Active in Options Market, CNBC's David Faber Says

CNBC's David Faber said on a live program, citing unnamed sources, that AI hedge fund Situational Awareness has been active in the options market. According to PANews, Faber said Leopold Aschenbrenner resumed buying options in late last week and early this week, paying hundreds of millions of dollars in option premiums. Faber said the underlying names included companies that have appeared in Aschenbrenner's previous portfolio, such as SK Hynix, SanDisk, Advanced Micro, Bloom Energy, and CoreWeave. He also said it was unclear whether Aschenbrenner had raised new capital for public market investments.