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Citadel Acquires Bulk of Leopold Aschenbrenner's AI Stock Portfolio Following Brutal Hedge Fund Sell-Off

Citadel Situational Awareness Hedge Funds Goldman Sachs

Citadel has acquired most of Situational Awareness' public AI stock portfolio after Leopold Aschenbrenner's hedge fund suffered steep July losses. (Credit: Leopold Aschenbrenner / x)

The AI investment boom has produced extraordinary winners, but its latest casualty shows just how quickly fortunes can reverse when leverage collides with a collapsing market.

Ken Griffin's Citadel has emerged as the buyer of most of Situational Awareness' public equity portfolio after the hedge fund suffered steep losses during July's sharp AI stock downturn.

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