Citadel, led by Ken Griffin, has acquired the bulk of Situational Awareness' public equity portfolio after the AI-focused hedge fund suffered steep losses during July's AI stock downturn. The portfoli…
Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, sold most of its public-stock portfolio to Ken Griffin's Citadel after a 67% July loss erased much of its 2026 gains, according to…
Citadel, the hedge fund led by Ken Griffin with about US$71 billion in assets under management, has agreed to buy most of the stock portfolio of Situational Awareness, an AI-focused hedge fund run by …
Citadel, Ken Griffin's $71B hedge fund, acquired a $5.5B portfolio of AI-related stocks from Leopold Aschenbrenner's Situational Awareness LP on July 30, including roughly $1B in Bitcoin mining stocks…
Leopold Aschenbrenner's Situational Awareness LP hedge fund liquidated its entire $16 billion public equity portfolio of AI stocks to Citadel in a single block trade after leveraged bets cratered, wit…
CoreWeave has revised the terms of a debt deal tied to its contracts with Anthropic after investor pushback, reflecting growing lender caution over AI-related risks. The cloud-computing startup sweete…
Leopold Aschenbrenner's hedge fund Situational Awareness has been unwound after significant losses during the recent AI stock crash, with Citadel picking up most of its stock holdings. Aschenbrenner w…
Meta is developing a new initiative called Meta Compute to lease its excess AI infrastructure to outside clients, putting it in direct competition with AWS, Microsoft Azure, and Google Cloud. The comp…
Leopold Aschenbrenner's Situational Awareness LP, an AI-focused hedge fund that managed roughly $20-24 billion, liquidated its entire public equity book after margin calls from Goldman Sachs, JPMorgan…
Cloud infrastructure provider Nscale has agreed to acquire AI software startup Anyscale in a deal valued at approximately $1.65 billion, the companies announced Thursday. The acquisition aims to help …
CoreWeave and Leidos announced a collaboration Thursday to place CoreWeave's AI platform inside Sensitive Compartmented Information Facilities (SCIFs) for U.S. spy agencies and the Department of Defen…
CoreWeave and Leidos announced on July 30, 2026 a partnership to deliver secure AI cloud services for U.S. intelligence and defense agencies, with CoreWeave's platform running inside Sensitive Compart…
Leopold Aschenbrenner's Situational Awareness LP hedge fund, which grew from $225 million to $20 billion on a pure AGI bet, is seeking fresh capital after the July 2026 semiconductor rout hammered its…
Circular AI deals, such as OpenAI raising money from Microsoft and spending it on Microsoft servers, or Nvidia backing CoreWeave debt for GPU purchases, are not signs of a bubble but rather indicate t…
Mark Cuban and Michael Burry warned that the AI boom is dangerously reliant on Nvidia, comparing its financing of customer purchases to the dot-com IPO bubble. Cuban said on X that Nvidia is acting as…
Microsoft and Meta face investor scrutiny over AI spending this week as combined capital expenditure across Microsoft, Meta, Alphabet, and Amazon is projected to hit roughly $700 billion in 2026 and e…
AI is transforming the IT storage industry, creating massive demand for faster data access and protection while introducing risks from AI-driven mishaps and attacks, according to Blocks & Files editor…
Core Scientific signed a data-centre agreement with AMD that could reach 2.5 gigawatts of capacity across the American South, months after its shareholders rejected a roughly $9bn takeover by CoreWeav…
Applied Digital reported fiscal Q4 2026 revenue of $258.7 million, a 407% year-over-year increase, driven by its pivot from crypto mining to AI-focused data centers. The company has secured approximat…
Meta will report Q2 earnings after the bell Wednesday as Wall Street scrutinizes CEO Mark Zuckerberg's capital expenditure plans, with the company on track to spend upwards of $145 billion this year, …