Tag: Ken Griffin
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SEC reportedly subpoenas Wall Street banks over AI hedge fund Situational Awareness’s near collapse
The SEC is seeking information from major Wall Street banks about trades and financing tied to AI-focused hedge fund Situational Awareness.
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Trump says NYC pied-à-terre tax ‘must be stopped,’ eyes federal block
Trump in a Truth Social post called Mamdani’s pied-à-terre tax a “dangerous political ‘experiment’ in New York will destroy” the city and state.
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U.S.-Iran talks, OpenAI’s Hugging Face hack, Best Buy’s new CEO and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days
Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.
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CNBC Daily Open: A chip off the AI block
With the chip sector at the center of market volatility, ASML raises guidance, IBM massively disappoints and SK Hynix regains some confidence.
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T. rex sells for $50 million, becoming the most expensive dinosaur fossil ever auctioned
It passes a stegosaurus skeleton that billionaire hedge funder Ken Griffin bought for $44.6 million in 2024.
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