HUFFPOST - Citadel Buys Most Of Situational's Stock Holdings After AI Share Rout, Sources Say
Global hedge funds are grappling with their biggest monthly drawdown on record as AI stocks have been routed across the board.
Global hedge funds are grappling with their biggest monthly drawdown on record as AI stocks have been routed across the board.
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.
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…
A self-styled grassroots organization campaigning to block Success Academy charter schools from expanding into Miami-Dade County is led by a Democratic operative with multiple arrests, more than $44,000 in unpaid civil judgments, and a co-founder whose wages are being garnished. Moms for Libros launched its "Our Schools Miami" campaign in late June, urging parents to […] The post Democratic operative behind Miami anti-charter-school group carries arrest record, unpaid judgments, and a revoked tax exemption appeared first on American Almanac .
A self-styled grassroots organization campaigning to block Success Academy charter schools from expanding into Miami-Dade County is led by a Democratic operative with multiple arrests, more than $44,000 in unpaid civil judgments, and a co-founder whose wages are being garnished. Moms for Libros launched its "Our Schools Miami" campaign in late June, urging parents to pressure school board members and rally alongside the local teachers' union to stop five Success Academy elementary schools approved to open in Miami-Dade by fall 2027. The group's website frames the fight as a stand against "a New York charter network, backed by a billionaire" that is "moving into five Miami-Dade public high schools, without community input, with a…Open
Seattle’s economic warning signs are getting harder to ignore. Businesses are considering leaving Washington state, and major employers are sounding the alarm. Thoughts? For complete Medicare guidance, dial (646) 817-8160 to speak with my trusted partner, Chapter, or go to https://askchapter.org/nellie Please head to the website to purchase some merch: www.nelliemiranda.com
CNN turns on Zohran Mamdani after his billionaire stunt sparks backlash and fears of wealthy taxpayers leaving NYC. THOUGHTS? For complete Medicare guidance, dial (646) 817-8160 to speak with my trusted partner, Chapter, or go to https://askchapter.org/nellie Please head to the website to purchase some merch: www.nelliemiranda.com
Priyanka Chopra Jonas is an actor, producer, entrepreneur and former Miss World. She stars in the ongoing series “Citadel” and the film “The Bluff,” both streaming on Prime Video.www.amazon.com/gp/video/detail/B0G565KPS4www.imdb.com/name/nm1231899 Perplexity: Download the app or ask Perplexity anything at https://pplx.ai/rogan. Get a free welcome kit with your first subscription of AG1 at https://drinkag1.com/joerogan Now This is Taxes. Visit https://turbotax.intuit.com Learn more about your ad choices. Visit podcastchoices.com/adchoices
Priyanka Chopra Jonas is an actor, producer, entrepreneur and former Miss World. She stars in the ongoing series “Citadel” and the film “The Bluff,” both streaming on Prime Video. www.amazon.com/gp/video/detail/B0G565KPS4 www.imdb.com/name/nm1231899 Perplexity: Download the app or ask Perplexity anything at https://pplx.ai/rogan . Get a free welcome kit with your first subscription of AG1 at https://drinkag1.com/joerogan Now This is Taxes. Visit https://turbotax.intuit.com Learn more about your ad choices. Visit podcastchoices.com/adchoicesOpen
Indiana Gov. Mike Braun joins NewsNation as the Chicago Bears consider a potential move across the Illinois border, as Indiana officials are offering support for a proposed multibillion-dollar stadium project. The possible relocation comes amid broader concerns about taxes and business climate in Chicago, with several major companies — including Boeing, Citadel and Caterpillar — having moved out of the area in recent years. "On Balance with Leland Vittert" takes a critical look at some of the day's hottest subjects.
At Davos, Citadel CEO Ken Griffin pointed to Japan's bond selloff – where super-long yields surged and 40-year yields hit record highs – as an "explicit warning" about what happens when investors start to doubt a government's fiscal trajectory.
AI:At the Davos summit, Citadel CEO Ken Griffin used Japan's recent bond selloff and surging long-term yields as a cautionary example of the market risks that arise when investors lose confidence in a government's fiscal direction.Open