Breaking: Michael Burry says Anthropic's IPO filing shows the whole AI boom is "catastrophically vulnerable"Belo…
Breaking: Michael Burry says Anthropic's IPO filing shows the whole AI boom is "catastrophically vulnerable"
Below are his reasonings:1. Anthropic owes $537B for computer power, and pending deals could push it to $800B2. Anthropic brings in about $65B a year, so it owes about 12x what it makes3. Half of $537B goes to $Amazon(AMZN.US), $Alphabet(GOOGL.US) and $Microsoft(MSFT.US)4. Anthropic's sales growth slowed from 144% last quarter to 46% this quarter, while its compute costs jumped 78%Burry says this setup works while AI keeps growing, but one slowdown could hit cause a collapse
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.