'Big Short' Investor Michael Burry Says OpenAI Is Headed for 'Netscape Fate'

2 days ago

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Michael Burry defended his bearish views on X, countering critics who claimed his predictions were wrong.
He compared OpenAI to Netscape, suggesting it is doomed and losing money, similar to the dot-com bubble's poster child.
Burry criticized Microsoft's handling of OpenAI, questioning the sustainability of its funding and suggesting the industry needs a massive IPO.
He reiterated his short position on Nvidia, calling for evidence of warehoused GPUs to support his claims.
Burry defended his past market calls, including warnings about meme stocks and inflation, arguing they were proven correct over time.
He returned to the public eye after a hiatus, launching a Substack to share his bearish market outlook.

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