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AI-focused hedge fund sells entire stock portfolio to Citadel
Situational Awareness, an AI-focused hedge fund, has sold its entire stock portfolio to Citadel amid a downturn in AI stocks. Founded by former OpenAI researcher Leopold Aschenbrenner, the fund reported around $20 billion in assets under management and has sought to raise new capital following recent losses.
Companies
Situational Awareness
Citadel
People
Leopold Aschenbrenner
Patrick Collison
John Collison
Nat Friedman
Daniel Gross
Our neutral summary
Situational Awareness, an AI-focused hedge fund, has sold its entire stock portfolio to Citadel amid a downturn in AI stocks. Founded by former OpenAI researcher Leopold Aschenbrenner, the fund reported around $20 billion in assets under management and has sought to raise new capital following recent losses.
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