又一家AI基金暴雷了

TL;DR - AI-focused hedge funds suffered steep July losses as investors questioned whether massive infrastructure spending would generate adequate returns. The selloff highlights growing market concern that cheaper open-source models could weaken the case for capital-intensive AI development.

• Whale Rock Capital reportedly fell 21.7% in July, cutting its 2026 return from 72.5% to 35.1%.
• Semiconductor and AI infrastructure stocks led the decline, while some software stocks rebounded.
• Other AI-heavy funds, including Turion, Coatue, and Eureka, also posted significant monthly losses.
• The article links the reassessment to slow AI monetization and competitive open-source Chinese models.