Situational Awareness
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Jul 30, 2026
20:48Globes

Startups
AI star in crisis: hedge fund Situational Awareness sells assets to Citadel
Situational Awareness, a hedge fund once considered a leader in AI investing, has faced financial distress following failed bets. Ken Griffin's Citadel has acquired a significant portion of its portfolio, triggering a rally in tech stocks on Wall Street.
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