Griffin Shifts AI Bets with Amazon and Microsoft Buys

Citadel founder and CEO Ken Griffin has shifted his AI bets, selling shares in top AI companies Nvidia, Broadcom, and Micron.

However, he added to Citadel's positions in Amazon and Microsoft, both of which are top five holdings in the firm's portfolio.

Citadel purchased 13.6 million shares of iShares Core S&P 500, 2.8 million shares of Amazon, and 1.1 million shares of Microsoft in the second quarter.

AWS recorded its fastest growth in more than four years, with a revenue of $200 billion and AWS generating $16.6 billion in operating income.