Michael Burry, Short
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Michael Burry, the hedge-fund manager of “The Big Short” fame who is betting against two of the stock market’s favorite AI plays, is back with a new criticism of valuations in the sector.
First, many experts have admitted that AI is a bubble, but as a consolation, we get the opinion that it is different from the dot-com bubble, or, in the case of a former Intel CEO Pat Gelsinger, that it will take years to burst.
Hedge fund billionaire Michael Burry recently made a billion-dollar bet against Palantir and Nvidia, two of the most popular artificial intelligence (AI) stocks.
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