NDTV·2 min read·medium
He Was Called The "Nostradamus" Of AI, Then His Fund Lost Billions Within Days
✦AI Summary
A hedge fund associated with an AI-focused investor suffered significant losses, prompting a rapid acquisition of its assets by Ken Griffin's Citadel. The move occurred within a 24-hour window following the fund's financial collapse.
In less than 24 hours, Griffin's Citadel hedge fund reached out to Situational Awareness and snapped up the investments at a discount
businessaieconomy
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