Situational Awareness and Baillie Gifford Plan to Subscribe Approximately $7 Billion in SK Hynix IPO Shares
On July 7, according to the Financial Times, the hedge fund Situational Awareness, managed by a former OpenAI researcher, along with the British investment firm Baillie Gifford and other institutions, plans to subscribe approximately $7 billion in shares for the SK Hynix Nasdaq IPO.
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