Tony Bark@pawb.social to

Technology@lemmy.worldEnglish · 15 hours ago

The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops

559

The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops

Tony Bark@pawb.social to

Technology@lemmy.worldEnglish · 15 hours ago

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.

Chat

sugar_in_your_tea@sh.itjust.works
link
fedilink
English
arrow-up
2·
3 hours ago
Yeah, I read that he has somewhere around $300M. Not a billionaire, but not poor.

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3.08K users / day
8.07K users / week
14.8K users / month
33K users / 6 months
5 local subscribers
76.6K subscribers
9.97K Posts
290K Comments
Modlog