AI prodigy Leopold Aschenbrenner’s wedding weekend brought together a who’s who of Silicon Valley money and influence for a multi-day celebration.

But there was a big elephant in room: just days before, the 24-year-old’s $45 billion hedge fund, Situational Awareness, had imploded, suffering losses of more than $30 billion, and mounting.

Many of the 80 to 100 Silicon Valley heavyweights who turned up for the lavish Carmel-by-the-Sea ceremony were investors in Aschenbrenner’s fund.

Guests had been invited to networking sessions meant to spark conversations about investment ideas and AI trends.

But in what can only be described as peak Bay Area…

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