13f-changes
Granular segment

Accelerated cloud

Accelerated cloud providers rent GPU capacity and AI infrastructure to model builders, enterprises, and developers. The business sits between chip supply, power/site availability, financing, and customer demand for training and inference.

Current reported exposure$1.2B
Tagged bought / added$751M
Tagged sold / reduced$192M
Tracked funds1

This segment sits inside the physical and semiconductor supply chain that supports AI training and inference. The important question is not only whether AI demand grows, but where scarcity shows up: chips, memory, networking, power, sites, or specialized services.

For 13F analysis, the tag is meant to separate the specific bottleneck a company is exposed to from the broad AI label. That helps distinguish a direct accelerator supplier from a power-equipment company, a data center landlord, or a miner with a power portfolio that could be repurposed for HPC.

What it covers
  • GPU cloud and bare-metal AI compute
  • Managed training/inference platforms
  • Long-term capacity contracts
  • Financing for GPU fleets and data center capacity
What to watch
  • Utilization of GPU clusters
  • Customer concentration
  • Debt and lease financing terms
  • Whether hyperscalers internalize more demand
Leopold Aschenbrenner

Situational Awareness LP

Leopold Aschenbrenner · Q4 2025 filed 2026-02-11

22.0% of reported 13F $1.2B

GPU cloud and accelerated-compute platforms serving AI training and inference workloads.

TickerNameValueInstrument
CRWV COREWEAVE INC-CL A $774M Call
CRWV COREWEAVE INC-CL A $437M SH
TickerActionValue
CRWV Added +$609M
CRWV Closed -$192M
CRWV Added +$142M