Michael Burry (The Big Short) is betting against the AI Bubble
Michael Burry (The Big Short) is betting against the AI Bubble
www.ctvnews.ca
Michael Burry of ‘The Big Short’ is back with cryptic messages — and two massive bets
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.