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Floundering A.I. Hedge Fund Is Rescued by Rival

The New York Times

BusinessThe New York Times·Jul 30, 2026·1 min read

Floundering A.I. Hedge Fund Is Rescued by Rival

The once-high flying fund, Situational Awareness, has been bailed out by Kenneth Griffin’s Citadel, according to three people briefed on the transaction.

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