Michael Burry (The Big Short) is betting against the AI Bubble
Michael Burry (The Big Short) is betting against the AI Bubble
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Michael Burry of ‘The Big Short’ is back with cryptic messages — and two massive bets
Michael Burry, the famed investor behind 'The Big Short,' is betting artificial intelligence is more of a bubble than a revolution.
Burry’s fund, Scion Asset Management, disclosed on Monday that it bought puts — bets that share prices will fall — on two stars of the AI wave: Nvidia and Palantir. Scion bought roughly US$187.6 million in puts on Nvidia and $912 million in puts on Palantir, according to Securities and Exchange Commission filings.