GoKawiilMichael Burry says he hopes a market crash blocks OpenAI, Anthropic IPOs
Investor Michael Burry posted on his X account that he wants Wall Street to "tank hard" to prevent OpenAI and Anthropic from completing their planned IPOs. He argued the two AI companies will ultimately "suck up" and destroy trillions of dollars in capital, worsening damage to the US and global economy. Burry, known for predicting the 2008 subprime crash, closed his hedge fund Scion Asset Management in 2025 but continues to voice bearish views on AI publicly.
GoKawiil's interpretation of the reporting above, not reported fact.
Burry's comments reflect a broader skepticism among some investors that the AI industry's valuations and spending are unsustainable, which could fuel debate as OpenAI and Anthropic prepare market debuts reportedly targeted for 2027 and after the November midterms respectively. If such warnings gain traction, they could affect investor sentiment or scrutiny ahead of these IPOs, though most of the financial market has so far continued to back AI growth.
- Michael Burry publicly hopes a market crash prevents OpenAI and Anthropic IPOs.
- He claims the companies could destroy trillions in capital long-term.
- OpenAI's IPO is reportedly expected around 2027, Anthropic's after the 2025 midterms.
The Big Short (Blu-ray) — Revisit the film that introduced Michael Burry's real-life market prediction skills to a global audience. It's a great way to understand the mindset behind his current bearish AI warnings, dramatized through sharp storytelling and strong performances. A fitting watch for anyone following his latest bubble predictions.
See The Big Short (Blu-ray) on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: techspot.com — Alfonso Maruccia, 2026-10-01
Published there as: “"The Big Short" investor says he's rooting for a crash just to stop OpenAI and Anthropic's IPOs”
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