Citadel founder Ken Griffin told the Future of Global Markets Conference in New York that companies have been inconsistent at extracting value from AI models despite rising spending. He said investors are 'almost certainly' in an AI bubble, while still expecting AI to create new opportunities and reshape competition. Griffin's comments came as Anthropic prepares to file for a stock market listing and reportedly plans to spend $750 billion on computing power.
techspot.com
· 2026-10-21
Carnegie Mellon University announced a $3 billion gift from Citadel founder Ken Griffin, described as the largest individual gift in higher education history. $1 billion will go toward CMU's Pittsburgh campus, while $2 billion will fund a new 35-acre campus, CMU Miami, in the Wynwood neighborhood, which aims to begin enrolling students in 2028.
cmu.edu
· 2026-09-30
Hedge fund CEO Ken Griffin is donating $3 billion to Carnegie Mellon University, the largest single gift ever made to a U.S. university. About $2 billion will fund a new 35-acre campus in Miami's Wynwood neighborhood for roughly 3,500 students, focused on areas like health, national security and energy, with construction starting next year. The remaining funds will split between renaming Carnegie Mellon's Pittsburgh computer science program after Griffin and other unspecified campus projects.
fastcompany.com
· 2026-09-30
CNBC's Eamon Javers published an investigation into John Harold Rogers, a former senior Federal Reserve official arrested by the FBI in January 2025 on suspicion of passing central bank information to a Chinese government agent. Investigators say a personal relationship exploited by the alleged agent became entangled with Rogers' professional access, though his lawyers maintain he shared no valuable information. The Fed and its Inspector General's office declined to comment, and Rogers declined to be interviewed.
cnbc.com
· 2026-09-30
Alec Litowitz joined Citadel in 1994 without a finance background, brought on by Ken Griffin for his way of thinking rather than his resume. He went on to help scale Citadel's equity business from about $100 million to $10 billion in assets before spending 18 years leading Magnetar Capital, which grew to roughly $20 billion by 2022.
entrepreneur.com
· 2026-09-17
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