Michael Burry, whose fund is against Nvidia and Palantir, invests in Chinese stock
Michael Burry, famous for predicting the 2008 housing crash, has increased his stake in Alibaba, citing its AI strategy and buyback program as undervalued. He contrasts this with his bearish view on U.S. AI companies, warning of inflated valuations. Burry also expressed skepticism about Anthropic's nearly $1 trillion valuation, deeming its AI model business unsustainable at that price.المصدر: Times of India | Source: Times of India
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This article was originally published by Times of India. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
