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The once-high-flying firm Situational Awareness, whose founder is 24, has been bailed out by Kenneth Griffin’s Citadel, according to three people briefed on the transaction.
The company recently raised prices on a number of products because of component supply shortages caused by the artificial intelligence boom.
Amazon joined a procession of tech giants that ramped up their spending on artificial intelligence, as its capital expenditures soared 69 percent. Concerns over the industry’s spending are mounting.
The accusations against Dr. Anthony Fauci, once the nation's leading infectious disease expert, have some experts worrying that these events may further erode public health staffing in the U.S.
The 30-year fixed-rate mortgage reached 6.66% on average Thursday.
Trump officials have promised to “make visual arts great,” with a museum exhibition that includes artwork by several people with personal connections to the planners.
| Keywords | trumpsmithsonianpatriotismvisual-artsmuseumexhibitionpolitical-biascultural-policyart-worldgovernment-influencenationalismwashington-dcarts-and-cultureinstitutional-controlpropaganda |
The arrivals in Ceuta, a six-mile-long peninsula on Morocco’s northern coast that Spain has governed for centuries, have fueled political tensions.
President Trump’s threat followed a day of fruitless negotiations with two Republican holdouts, Senators John Cornyn and Thom Tillis.
| Keywords | trumpblancheattorney-generaljohn-cornynthom-tillissenate-confirmationjudicial-nominationrepublicanwhite-housepoliticsus-newslegal-battlepolitical-negotiationssenate-judiciary-committee |
Situational Awareness, an AI -focused hedge fund founded by a former OpenAI researcher, has sold all of its public equities portfolio to Ken Griffin's Citadel, a source tells Axios. Why it matters: This comes amidst a recent sell-off in AI stocks, particularly chipmakers. - News of a sale was first reported by the WSJ . Catch up quick: Former OpenAI researcher Leopold Aschenbrenner founded Situational Awareness after being fired from OpenAI in 2024, over an alleged information leak that he disputes. It recently reported around $20 billion in assets under management. - Early investors included Stripe cofounders Patrick and John Collison, plus former GitHub CEO Nat Friedman, and ex-Apple employee Daniel Gross. Zoom in: Just yesterday, the…
The disease has killed more than 1,500 people in the Democratic Republic of Congo in just over two months, causing deaths faster than officials have ever recorded.
| Keywords | eboladr-congooutbreakdiseasehealth-crisisepidemicdeath-tollafricapublic-healthmedical-emergencyinfectionvirusmortality-rateglobal-healthcontagious-disease |