Citadel Buys Situational Awareness’s Stock Portfolio After Big Losses in AI

> Ken Griffin’s Citadel bought a big chunk of the artificial-intelligence stocks held by Situational Awareness, the hedge fund led by former OpenAI researcher Leopold Aschenbrenner. Aschenbrenner’s fund has been liquidating public equities after losses in an AI stock rout in recent weeks, according to people familiar with the matter. Situational Awareness hasn’t liquidated all of its public stocks and still has private stakes including in Anthropic PBC, said one of the people, who asked not to be identified discussing confidential talks.

> AI stocks have been getting hit in recent weeks as questions mount about whether high valuations can be sustained. The tech-heavy Nasdaq 100 has begun to rebound after tumbling from its June 2 peak.

[Source](https://www.bloomberg.com/news/articles/2026-07-30/citadel-snaps-up-ai-stocks-from-situational-awareness-amid-rout)