economy
Citadel buys Situational Awareness equity holdings after steep AI losses
Deal comes after Leopold Aschenbrenner’s investment firm held overnight crunch talks with investors
TL;DR
- Citadel has acquired equity holdings from Situational Awareness.
- The deal follows steep losses in the artificial intelligence sector for Situational Awareness.
- Overnight crunch talks were held between Leopold Aschenbrenner’s investment firm and investors.