Ken Griffin offloads 80% of $35-billion stock purchase from 'AI Prophet's' fund
Billionaire Ken Griffin’s firm, Citadel, has offloaded 80% of the $35 billion in stocks it recently acquired from 'AI Prophet' Leopold Aschenbrenner’s hedge fund, Situational Awareness. Aschenbrenner had sold off most of his shares just a week prior to his wedding following significant losses in his technology portfolio. Citadel had originally picked up these assets from Situational at a discount exceeding 10%.
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