Leopold Aschenbrenner's Fund Discloses $2.6B Nebius Position (12.4M Shares) on May 27; NBIS Surges 12%

NBIS4.48%

According to Schedule 13G filings submitted on May 27, Leopold Aschenbrenner's Situational Awareness Fund disclosed a 12.4 million share position in AI infrastructure company Nebius (NASDAQ: NBIS), representing a 5.6% stake valued at approximately $2.6 billion. The disclosure makes Nebius the fund's largest holding.

NBIS stock surged 12% in pre-market trading on May 28 following the announcement. The position reflects Aschenbrenner's broader focus on AI infrastructure and compute infrastructure investments through the fund.

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