Michael Burry Bets Big Against AI Boom: $1.1 Billion Short Position Signals Bubble Concerns

Investor Michael Burry has taken a bold stance against the booming artificial intelligence (AI) market, placing a hefty $1.1 billion short bet against leading companies like Nvidia and Palantir. This move echoes past warnings about bubbles in the financial sector, specifically referencing the 2021 crypto market crash. Burry’s actions are impacting both AI and cryptocurrency markets, triggering increased risk aversion and potentially affecting liquidity across alternative investments.