Citadel Offloads Risk From Situational Awareness
Ken Griffin's Citadel has offloaded more than 80% of the aggregate risk associated with the Situational Awareness stock portfolio it acquired from the embattled AI hedge fund. Citadel struck a deal last month to buy stocks from the fund led by Leopold Aschenbrenner. Bloomberg's Hema Parmar reports. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.