Citadel CEO Ken Griffin acquired Situational Awareness, the AI hedge fund founded by former OpenAI employee Leopold Aschenbrenner, after the fund suffered significant losses. The Wall Street Journal's…
Leopold Aschenbrenner, former OpenAI researcher and founder of AI-focused hedge fund Situational Awareness, suffered a 67% one-month loss and was forced to sell his stock portfolio to Citadel, but mar…
Ken Griffin, CEO of Citadel, warned that if the US loses access to Taiwan's chips, GDP could fall 8% in six months, describing it as a great depression in the blink of an eye. In a Goldman Sachs conve…
Leopold Aschenbrenner's AI-focused hedge fund Situational Awareness lost roughly 67% of its value in July, forcing it to sell a $16 billion public equity portfolio to Citadel at a 10% discount to meet…
South Korea's Kospi index closed 5% lower on Monday, with Samsung Electronics and SK Hynix both falling 9%, after a historic July selloff that left the benchmark roughly a third below its June peak. T…
Citadel's block purchase of assets from the hedge fund Situational Awareness (SA) does not signal confidence in AI stocks, according to an analysis that attributes SA's rise and fall to reflexive mark…
Leopold Aschenbrenner's hedge fund, Situational Awareness LP, collapsed from $45 billion to about $10 billion in six trading days after margin calls forced it to sell nearly its entire public stock po…
Leopold Aschenbrenner, founder of the AI-focused hedge fund Situational Awareness, saw his $45 billion portfolio collapse days before his wedding in Carmel, California, after heavy borrowing to make m…
Leopold Aschenbrenner's hedge fund Situational Awareness lost 67% in July as leveraged AI bets unraveled, forcing the fund to sell most of its public holdings to Citadel and remove all leverage. The f…
Hedge fund Situational Awareness, founded in 2024 by former OpenAI employee Leopold Aschenbrenner, lost 67% in August 2025 and was forced to sell most of its public holdings to Citadel after debt-fuel…
Leopold Aschenbrenner's AI-focused hedge fund Situational Awareness, which reportedly fell 67% last month due to leveraged bets on chipmakers and AI firms, sold most of its portfolio to Ken Griffin's …
Leopold Aschenbrenner's $45 billion hedge fund, Situational Awareness, has seen its assets dwindle to an estimated $10 billion after highly leveraged AI bets backfired, triggering margin calls and eme…
Leopold Aschenbrenner's hedge fund Situational Awareness LP collapsed from $45 billion to roughly $10 billion in four trading days after margin calls forced liquidation, with Citadel buying its levera…
Citadel acquired approximately $16 billion in public equity holdings from Leopold Aschenbrenner's AI-focused hedge fund Situational Awareness LP after margin calls from Bank of America, Goldman Sachs,…
Leopold Aschenbrenner's AI-focused hedge fund collapsed spectacularly, evaporating tens of billions of dollars within days as markets doubted the costly AI expansion and banks demanded tougher collate…
Situational Awareness, the AI hedge fund founded by 24-year-old former OpenAI researcher Leopold Aschenbrenner, has lost 67% of its value in July amid a tech sell-off, forcing it to sell most of its p…
Citadel founder Ken Griffin stepped in to rescue California hedge fund Situational Awareness after its portfolio lost 67% of its value in July amid an AI stock sell-off, forcing it to unwind most of i…
Citadel, the hedge fund led by Ken Griffin, acquired the bulk of a $16 billion public equities portfolio from AI-focused hedge fund Situational Awareness on July 30, 2026, after margin calls threatene…
Citadel's acquisition of Situational Awareness helped halt a $3 trillion sell-off in AI-related stocks, according to investors who said the hedge fund's move reassured jittery traders in the technolog…
Leopold Aschenbrenner, founder of hedge fund Situational Awareness, is marrying Avital Balwit, chief of staff to Anthropic CEO Dario Amodei, in Carmel, California, days after his fund nearly collapsed…