Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Citadel Offloads Risk From Situational Awareness
Business & Finance

Citadel Offloads Risk From Situational Awareness

Bloomberg Markets Friday 21 August 2026, 20:53 UTC 1 min read
Key Points

Ken Griffin's Citadel has offloaded more than 80% of the aggregate risk associated with the Situational Awareness stock portfolio it acquired from the embattled AI hedge fund. Citadel struck a deal last month to buy stocks from the fund led by Leopold Aschenbrenner. Bloomberg's Hema Parmar reports.

Ken Griffin's Citadel has offloaded more than 80% of the aggregate risk associated with the Situational Awareness stock portfolio it acquired from the embattled AI hedge fund. Citadel struck a deal last month to buy stocks from the fund led by Leopold Aschenbrenner. Bloomberg's Hema Parmar reports. (Source: Bloomberg)
Citadel Offloads Risk From Situational Awareness (ORG) Ken Griffin's (PERSON) Citadel (ORG) Situational Awareness (ORG) AI (ORG) Leopold Aschenbrenner (PERSON) Bloomberg (ORG) Hema Parmar (PERSON)
Originally published by Bloomberg Markets Read original →

Related Stories

Anthropic IPO filing will show AI backlash as a risk factor, sources say

Anthropic is poised to hit the public market at a time when an increasing number of Americans are worried about artificial intelligence and are loudly opposing new data centers. That backlash is expected to be a key risk factor in Anthropic's IPO prospectus, according to people familiar with matter. The Claude creator has been holding preliminary "test-the-water" meetings with bankers and investors in San Francisco, said the people, who asked not to be named because the sessions are...

CNBC 8m ago

TikTok, ByteDance agree to US$400 million settlement with US over children’s privacy suit

BreakingTikTok, ByteDance agree to US$400 million settlement with US over children’s privacy suit TikTok will pay US$300 million immediately and an additional US$100 million after entering an order vacating a prior consent decree TikTok and its Chinese parent ByteDance have agreed to pay US$400 million to settle a US Justice Department lawsuit accusing the video-sharing app of violating children’s online privacy laws, resolving a major federal case as the platform’s American operations...

South China Morning Post 18m ago

Liquid Death CEO on Viral AI Data Center Ad, IPO Odds

Mike Cessario, Founder and CEO of Liquid Death, joined the program to discuss the growing public sentiment against the rapid expansion of data centers. Despite widespread interest in AI investments, the mood around data center growth has been notably negative. He speaks with Romaine Bostick on "The Close."

Bloomberg Technology 21m ago

Trump Allows Tariff Relief for Some Ground Beef Imports

President Donald Trump is aiming to deliver cost relief for some ground beef imports to lower prices for American consumers, by allowing up to 300,000 metric tons of product for ground beef to be imported with no out of quota tariff for the next 90 days. He also made a commitment that the beef will be sold at 25% below current market prices. Agriculture Reporter Ilena Peng and Howard Capital Management CEO Vance Howard -- who owns a ranch of his own -- discuss how much the tariff relief will...

Bloomberg Markets 25m ago