Michael Burry Says Anthropic 'Betting Its Entire Existence' on Optimism - Business Insider

Investor Michael Burry has expressed strong bearish views on Anthropic's initial public offering, arguing in a Substack post that the AI company is betting its existence on unrealistic optimism. Burry highlighted Anthropic's massive spending commitments for AI compute infrastructure, which he warns will far exceed projected revenues and potentially harm the company under take-or-pay contracts. Open article →