Tech News
← Home  ·  All topics

Big Short

2 GoKawiil briefs on this topic

Michael 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.

Michael Burry Predicts AI Stock Bubble Will Burst Soon

Michael Burry, the investor known for foreseeing the 2008 housing market collapse, has said he expects an AI-driven bubble in stocks to burst 'sooner rather than later.' He anticipates a market downturn tied to AI-related equities as early as next year.