AI2Day
Tag

#Citadel

2 stories taggedCitadel.

Illustration: A polished corporate conference room seen from slightly above and behind rows of empty ergonomic chairs facing
AI Business

Battered AI Hedge Fund Situational Awareness Bets $400 Million on Chip Startup Source Foundry

Despite selling off half its assets last month, the fund founded by a former OpenAI researcher has now put a total of $500 million into a Stanford-born startup trying to make chip manufacturing faster and cheaper.

3 min read
A small square mechanical keyboard with six frosted semi-transparent keys glowing in distinct colours including blue, green and amber, sitting on a clean dark d
AI Business

A 24-Year-Old's AI Hedge Fund Just Lost $35 Billion. Here's How It Happened.

Situational Awareness LP bet everything on artificial intelligence stocks, called it obvious, and watched its value collapse from $45 billion to $10 billion in a matter of weeks.

4 min read
© 2026 AI2Day