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Curated tech posts from X on AI, startups, and product development—signal without the doomscroll, updated on weekdays.
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DAILY SITUATION RECAP: Situational Awareness LP sells its public equity holdings to Citadel. Leopold Aschenbrenner’s famous hedge fund rose over 2,200% since inception and 439% in the first half of the year. In the last month, SALP’s highly leveraged positions fell substantially due to declines in memory stocks, and yesterday SALP was forced to sell most or all of its $16B in equity holdings to Ken Griffin’s Citadel. It still holds large positions in private markets, like a rumored $5B stake…