
Ken Griffin's Citadel Reportedly Buys Large Stake in Situational Awareness's Public Stock Portfolio
Citadel, led by Ken Griffin, reportedly acquired a significant portion of Situational Awareness's public stock portfolio after the hedge fund, founded by former OpenAI researcher Leopold Aschenbrenner, suffered heavy losses in July's AI stock market rout. The transaction followed Situational's 67% drop in July, necessitating asset sales and capital seeking.
