{"slug": "ai-focused-hedge-fund-sells-all-of-its-stocks", "title": "AI-focused hedge fund sells all of its stocks", "summary": "Situational Awareness, an AI-focused hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, has sold its entire public equities portfolio to Ken Griffin's Citadel amid a sell-off in AI stocks. The fund, which reported around $20 billion in assets under management, had recently sought fresh capital after suffering heavy losses during the AI stock rout, according to the Financial Times.", "body_md": "Situational Awareness, an AI-focused hedge fund founded by a former OpenAI researcher, has sold all of its public equities portfolio to Ken Griffin's Citadel, a source tells Axios.\nWhy it matters: This comes amidst a recent sell-off in AI stocks, particularly chipmakers.\nNews of a sale was first reported by the WSJ.\nCatch up quick: Former OpenAI researcher Leopold Aschenbrenner founded Situational Awareness after being fired from OpenAI in 2024, over an alleged information leak that he disputes. It recently reported around $20 billion in assets under management.\nEarly investors included Stripe cofounders Patrick and John Collison, plus former GitHub CEO Nat Friedman, and ex-Apple employee Daniel Gross.\nZoom in: Just yesterday, the FT reported that Situational Awareness \"has sought to raise fresh capital from investors after suffering heavy losses during the recent rout in AI stocks.\"\nThat seems to have escalated quickly.", "url": "https://wpnews.pro/news/ai-focused-hedge-fund-sells-all-of-its-stocks", "canonical_source": "https://www.machinebrief.com/news/ai-focused-hedge-fund-sells-all-of-its-stocks-szcp", "published_at": "2026-07-30 16:18:39+00:00", "updated_at": "2026-07-30 20:02:14.212639+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-startups", "ai-policy"], "entities": ["Situational Awareness", "Leopold Aschenbrenner", "Citadel", "Ken Griffin", "OpenAI", "Stripe", "Patrick Collison", "John Collison"], "alternates": {"html": "https://wpnews.pro/news/ai-focused-hedge-fund-sells-all-of-its-stocks", "markdown": "https://wpnews.pro/news/ai-focused-hedge-fund-sells-all-of-its-stocks.md", "text": "https://wpnews.pro/news/ai-focused-hedge-fund-sells-all-of-its-stocks.txt", "jsonld": "https://wpnews.pro/news/ai-focused-hedge-fund-sells-all-of-its-stocks.jsonld"}}