#Citadel
articles
How an AI 'Nostradamus' Crashed a $45bn Hedge Fund — and the Three Classic Mistakes That Undid Him
Leopold Aschenbrenner, the Columbia prodigy whose Situational Awareness fund rode the AI boom to 1,000% returns, saw a m...
Vornado Confirms Ken Griffin's Citadel Stays at 350 Park Despite Tax Fight
Vornado will exercise its 36% option in the $4.5 billion 350 Park tower, with Citadel remaining the 60% partner and anch...
Former OpenAI Researcher’s AI Hedge Fund Implodes; Citadel Takes Over Portfolio
Leopold Aschenbrenner’s Situational Awareness LP collapsed under concentrated AI bets and margin calls after a July AI s...
Leopold Aschenbrenner’s $45B AI Hedge Fund Collapses After Leveraged Bets Backfire
Former OpenAI researcher Leopold Aschenbrenner’s Situational Awareness fund, once up 400% on AI stocks, is unwinding lar...
Citadel Rescues AI Hedge Fund Situational Awareness After 36-Hour Margin Crisis
Leopold Aschenbrenner’s heavily leveraged fund faced a liquidity crunch as AI stocks tumbled. An emergency auction gave ...
How a 25-Year-Old AI Trader's $20B Fund Imploded in a Matter of Weeks
Leopold Aschenbrenner’s Situational Awareness LP rode the AI infrastructure boom to over $20B before heavy losses and ma...
Aschenbrenner's Situational Awareness Hedge Fund Sells Public Portfolio to Citadel After Steep AI Infrastructure Losses
Leopold Aschenbrenner's AI-focused fund was forced to unwind leveraged public equity positions after holdings like SK Hy...