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Asia

'Saviour or a vulture?' How Ken Griffin turned the Situational Awareness collapse into Citadel's latest bargain buy

mint - markets · 2h ago · 🇮🇳 India

'Saviour or a vulture?' How Ken Griffin turned the Situational Awareness collapse into Citadel's latest bargain buy

Ken Griffin intervened to rescue distressed AI hedge fund Situational Awareness, acquiring its assets at a discount. Despite criticisms of founder Leopold Aschenbrenner's lack of experience, Griffin's swift actions have helped stabilise the situation amidst market turmoil.

Read the full story at mint - markets →

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