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 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…
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 …
Citadel Advisors acquired much of the $16 billion public-equity book of Leopold Aschenbrenner's AI-focused fund Situational Awareness after its portfolio fell 67% in July, then shed more than 80% of t…
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…
DayOne Data Centers is seeking a HK$1.86 billion (US$237 million) five-year loan from a consortium of Asian banks including DBS, OCBC, and UOB to refinance and expand its Hong Kong data centre, accord…
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 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…
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 …
Jane Street took a $15 billion hit in July from its exposure to AI-focused hedge fund Situational Awareness and other tech stocks battered by the market selloff, according to two people familiar with …
Citadel Advisors, the hedge fund led by Ken Griffin, disclosed new Q2 2026 stakes in SpaceX, Cerebras Systems, and Quantinuum, while its 13F equity portfolio grew 41.5% to $875.1 billion from $618.5 b…
Leopold Aschenbrenner, the 24-year-old founder of hedge fund Situational Awareness, saw his $45 billion AI-focused fund unravel after excessive borrowing left him vulnerable when his bets faltered, fo…
DayOne Data Centers Ltd., a Singapore-based data center operator, has confidentially filed for a US initial public offering and aims to raise about $5 billion, according to people familiar with the ma…
AI-focused hedge fund Situational Awareness invested $400 million in Source Foundry, a stealth chip startup founded by Stanford researchers, bringing its total investment to $500 million. The fund, fo…
Leopold Aschenbrenner's hedge fund, Situational Awareness, collapsed last week, forcing it to sell holdings to Ken Griffin's Citadel to meet margin calls, after being up over 270% in late May. Despite…
Leopold Aschenbrenner's AI hedge fund Situational Awareness collapsed from $45 billion in assets in early July to $10 billion in early August after he sold public stakes to Ken Griffin's Citadel to co…
Citadel's flagship fund, Citadel Wellington, rose nearly 6% in July after the hedge fund giant, led by Ken Griffin, bought a large portion of the publicly traded assets from Leopold Aschenbrenner's fu…