economy

Citadel's swoop on Situational Awareness helped stem a $3tn AI rout

Investors say the hedge fund deal reassured jittery traders in tech stocks

Citadel's swoop on Situational Awareness helped stem a $3tn AI rout

TL;DR

  • A hedge fund deal has reassured investors.
  • The deal involved tech stocks and AI assets.
  • It helped to calm nervous traders in the market.