AI Hedge Fund 'Situational Awareness' Loses $35B

How it developed

1. July 30, 2026The Verge AIWhere it started

   AI Hedge Fund 'Situational Awareness' Loses $35B

2. July 30, 2026TechCrunch AI

   AI Hedge Fund Sells Public Portfolio Amid Losses

   Situational Awareness sold its public stock portfolio to Citadel while keeping its investment in Anthropic.

3. August 3, 2026The AI Daily Brief

   Hedge Fund Collapse Highlights AI Market Risks

   Citadel takes over collapsed hedge fund Situational Awareness

4. August 9, 2026TechCrunch AI

   Situational Awareness invests $400M in Source Foundry

   Situational Awareness invested $400M in Source Foundry, bringing total commitment to $500M despite recent losses.