Michael Burry urges Wall Street to block OpenAI, Anthropic IPOs, warns of ‘trillions’ – FinSiddhi

Michael Burry urges Wall Street to block OpenAI, Anthropic IPOs, warns of ‘trillions’

Michael Burry has voiced his skepticism about the upcoming IPOs of AI firms OpenAI and Anthropic, warning that these public offerings could trigger severe financial setbacks and erosion of capital. He contends that the level of funding for these companies does not match their established fiscal stability. Burry’s bearish outlook on the AI domain has intensified, echoing his earlier forecasts.
Read more at Times of India

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