Situational Awareness sells to Ken Griffin's Citadel.
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Citadel's Ken Griffin. Photo: Krisztian Bocsi/Bloomberg via Getty Images
Situational Awareness, an AI-focused hedge fund founded by a former OpenAI researcher, has sold all of its public equities portfolio to Ken Griffin's Citadel, a source tells Axios.
Why it matters: This comes amidst a recent sell-off in AI stocks, particularly chipmakers.
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