Crypto Briefing·Editorial Team·2h agoBearish
Situational Awareness hedge fund loses 67% after concentrated AI bets blow up, forced to sell $16B to Citadel at deep discount
Read original on Crypto BriefingThe collapse highlights the risks of concentrated tech investments, potentially impacting investor confidence and related sectors like crypto. The post Situational Awareness hedge fund loses 67% after concentrated AI bets blow up, forced to sell $16B to Citadel at deep discount…
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💬 Discussion: Situational Awareness hedge fund loses 67% after concentrated AI bets blow up, forced to sell $16B to Citadel at deep discount
The collapse highlights the risks of concentrated tech investments, potentially impacting investor confidence and related sectors like crypto. The post Situational Awareness hedge fund loses 67% after concentrated AI bets blow up, forced to sell $16B to Citadel at deep discount…
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