Michael Burry warned about Anthropic's high valuation while increasing his investment in Alibaba shares, noting its competition in the AI sector.
1 report, 1 independent
Updated Jun 16
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What happened
Michael Burry warned about Anthropic's high valuation while increasing his investment in Alibaba shares, noting its competition in the AI sector.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Michael Burry takes a bearish stance on Alibaba stock while increasing his investment in AI infrastructure.Sub-event
Burry warns about Anthropic's high valuation and increases his stake in Alibaba.1 source
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The entities involved
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Anthropic
American artificial intelligence corporation
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Michael Burry
American hedge fund manager
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Alibaba Group
Chinese multinational technology company
Related events
- Michael Burry used his platform, Substack, to issue warnings regarding the current state of AI valuations.
- FT reported Anthropic's Q2 revenue figures, while leaders called for an AI development slowdown.
- Cohere and Anthropic AI CEOs warned of AI risks on September 1st.
- Michael Burry critiques the AI industry's caution, while Anthropic and Nvidia remain key players in the competitive AI space.
- Anthropic maintains a higher investor demand ratio amidst its competitive landscape with OpenAI.