Wonderkid investor's $45 billion fund unravels days before his wedding

How the quick fall from grace of a fund run by 'Nostradamus of AI' triggered a 24-hour race to salvage it

Situational Awareness crashed $45B→$10B in July; Citadel rescued it in 24 hours after margin calls forced liquidation. The collapse signals extreme leverage and concentration risks in AI portfolios—how rapidly momentum reversals trigger forced exits threatening markets.