Leopold Aschenbrenner, the 24-year-old founder of the $45 billion hedge fund Situational Awareness, saw his fund plunge 67% through July 30, forcing him to sell most of its public-stock portfolio to K…
The near-collapse of AI hedge fund Situational Awareness, rescued by Ken Griffin's Citadel, echoes the 2007 collapse of two Bear Stearns hedge funds that foreshadowed the 2008 financial crisis, accord…
The U.S. Securities and Exchange Commission is investigating the collapse of AI hedge fund Situational Awareness, sending subpoenas to banks that handled its trades after the fund lost over two-thirds…
The U.S. Securities and Exchange Commission (SEC) has launched a probe into Situational Awareness, a quant-focused AI hedge fund, after its AI models reportedly contributed to massive unhedged risks a…
The U.S. Securities and Exchange Commission has subpoenaed major Wall Street banks regarding the hedge fund Situational Awareness, which was forced to exit many positions last month amid an AI stock r…
The U.S. Securities and Exchange Commission is investigating the near-collapse of AI-focused hedge fund Situational Awareness, sending subpoenas to major Wall Street banks for details on the fund's tr…
The U.S. Securities and Exchange Commission is investigating Situational Awareness, the AI-focused hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, after leveraged trades forced t…
The U.S. Securities and Exchange Commission has subpoenaed banks for trading and leverage records after AI-focused hedge fund Situational Awareness suffered a 67% drawdown and sold most of its public …
Citadel, led by Ken Griffin, acquired the distressed public equity portfolio of Situational Awareness, a hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, for an estimated $10B to …
Stanley Druckenmiller's Duquesne Family Office disclosed a $64.7 million stake in Bitdeer Technologies Group (BTDR), buying 4.1 million shares at an average price of $12.26 in Q2 2026, and also invest…
Ken Griffin said in a letter to clients Friday that Citadel has unwound more than 80% of the aggregate risk tied to its purchase of assets from AI hedge fund Situational Awareness, conducting over 100…
Ken Griffin's Citadel sold more than $4 billion of stock bets acquired from embattled AI hedge fund Situational Awareness, shedding over 80% of the aggregate risk from the original portfolio through n…
Citadel has unwound over 80% of the $4 billion in assets it acquired from Situational Awareness, the AI-focused hedge fund run by Leopold Aschenbrenner that collapsed in July, according to a report. T…
Leopold Aschenbrenner's Situational Awareness LP, a hedge fund he grew from $225 million to about $45 billion, lost most of its value in about four weeks in July 2026 after a 439% net return in the fi…
Leopold Aschenbrenner's hedge fund Situational Awareness lost 67% in July after its portfolio was 56% invested in SanDisk and Micron, which fell 56.5% and 39.1% respectively between June 25 and July 2…
Leopold Aschenbrenner's Situational Awareness hedge fund lost roughly $30 billion in July after its two largest bets, a $5.7 billion stake in SanDisk and a $5.6 billion stake in Micron Technology, plu…
Leopold Aschenbrenner's Situational Awareness AI hedge fund lost approximately 67% of its value in July 2026 after margin calls forced it to sell its public portfolio, despite having returned 439% in …
Anthropic reported financial results indicating it is not spending as fast as expected, according to The Diff's latest newsletter. The newsletter also discusses the role of financial entrepreneurship …
Leopold Aschenbrenner's hedge fund Situational Awareness held $5.7 billion in SanDisk and $5.6 billion in Micron at the end of June, accounting for 56% of its $20 billion US stock portfolio, before th…
Jane Street posted roughly $15 billion of losses in July, its first monthly slump in about a decade, as AI-focused hedge fund Situational Awareness swooned and dragged down asset prices across equity …