Michael Burry bets £840 million that the AI bubble will burst

Michael Burry bets £840 million that the AI bubble will burst

Investor Michael Burry, played by Christian Bale in The Big Short, has placed a £840 million bet that the Artificial Intelligence bubble will burst.

Michael Burry has placed a whopping £840 million ($1.1 billion), suggesting that the growing bubble around artificial intelligence will burst. Documents revealed that Burry, a US investor and hedge fund manager who had predicted the major housing cri... [2413 chars]

Published by: LADbible

Read full article here: https://www.ladbible.com/news/technology/michael-burry-bets-840-million-against-ai-bubble-857215-20251105

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