Situational Awareness Sells Most Public Holdings After Leveraged AI Losses
Citadel acquired the bulk of the portfolio, while Leopold Aschenbrenner's fund retained private investments including a reported $5 billion Anthropic stake.
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Citadel acquired the bulk of the portfolio, while Leopold Aschenbrenner's fund retained private investments including a reported $5 billion Anthropic stake.
CEO Enrique Lores said the payments company would consider an alternative that creates more shareholder value than its current turnaround plan.
The young fintech company wants autonomous software to pay vendors while businesses retain policy controls and an auditable record.
The payments company is introducing scoped credentials and human review for software-driven spending.
The startup is building authorization and payment tools that let AI agents purchase APIs, data and computing services under defined controls.