Citadel’s swoop on Situational Awareness helped stem a $3tn AI rout

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 technology sector.

Citadel’s swoop on Situational Awareness helped stem a $3tn AI rout Source: Financial Times Technology https://www.ft.com/technology Investors say the hedge fund deal reassured jittery traders in tech stocks Get AI news in your inbox Daily digest of what matters in AI. Get AI news in your inbox Daily digest of what matters in AI.