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Situational Awareness hedge fund loses 67% after concentrated AI bets blow up, forced to sell $16B to Citadel at deep discount

Situational Awareness hedge fund loses 67% after concentrated AI bets blow up, forced to sell $16B to Citadel at deep discount

Situational Awareness hedge fund loses 67% after concentrated AI bets blow up, forced to sell $16B to Citadel at deep discount