Citadel acquired $16 billion in distressed AI assets from Situational Awareness in 24 hours, preventing a potential $3 trillion semiconductor

Citadel's founder this week reprised his role as one of Wall Street's rescue buyers, stepping in to salvage California hedge fund Situational Awareness as it buckled under…

When rival hedge funds face catastrophic losses, billionaire investor Ken Griffin has a habit of identifying opportunities and showing up with a checkbook. Citadel’s founder last…