On July 30, Citrini stated in a post that in response to news that Leopold Aschenbrenner, the '25-year-old AI stock god,' is seeking financing for his AI hedge fund Situational Awareness amid the recent pullback in the AI sector, the fund's LP (limited partner) base is not composed of ordinary investors, but rather believers in the 'AI God' who are convinced that 'AI will be more transformative than nuclear weapons.' Although the fund may face short-term NAV declines, given that it has recorded astonishing gains of approximately 2,200% since its inception in 2024 (meaning it is still up 2.3 times even after a 90% drawdown), its LP base is highly unlikely to turn bearish due to short-term volatility. The analysis suggests that these super AI believers, who view 'going long TQQQ' as the norm, are not only unlikely to panic sell but are very likely to 'buy the f***ing dip' (BTFD). He pointed out that once the fund completes a new round of fundraising and closes its short-term hedging positions, the massive buying power thus unleashed could become a key force supporting a bottom and rebound in the AI sector. Unless the core narrative of AI development faces a structural collapse, these die-hard bulls will continue to bet on the 'AI singularity before 2030.'
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