Burry, The Big Short
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Hedge fund investor Michael Burry, who was played by actor Christian Bale in the 2015 film The Big Short, a film about traders who made millions from predicting the collapse of the US housing bubble in 2008, has turned his attention to AI.
Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.
18hon MSN
One of The Short Sellers Who Predicted The 2008 Housing Crisis Now Looks to Be Betting Against AI
Michael Burry, an investor made famous by his bets against the U.S. housing market before the 2008-2009 crash who was portrayed by Christian Bale in 2015's The Big Short, appears to have a new short target: the artificial intelligence industry.
Overall, 44% of U.S. adults say they trust the U.S. a lot or some to regulate the use of AI effectively, while 47% have little to no trust in the U.S. to do this.
Short selling rarely thrives in a bull market, especially one this undeterred. Still, some executives lash out at investors who bet against them, like Palantir CEO Alex Karp, who called investor Michael Burry "bats**t crazy" on CNBC for shorting his stock.
AI is creeping deeper into game development — not just helping fix bugs or generate voice lines, but inching toward creating full games. Razer CEO Min-Liang Tan believes AI-built hits could arrive in as little as two years,