Michael Burry Won't Buy Anthropic Shares When It Goes Public
Published
Investor Michael Burry has announced that he has no plans to buy shares of Anthropic, the artificial intelligence (AI) company, when it goes public. Burry is known for having predicted the 2008 financial crisis, a story that inspired the film 'The Big Short'.
According to information published by Business Insider Spain, Burry believes that AI companies are "betting their entire existence on optimism." With this phrase, the investor expresses his concern about the high expectations surrounding this technology sector and the value markets give to these companies.
Anthropic is one of the most important companies in the artificial intelligence sector. Its possible stock market debut, known in Spanish as OPV, would be an important moment for investors, who could buy its shares for the first time. However, Burry's decision shows that not all financial experts think these investments are safe.
In short, one of the world's most famous investors has decided to stay out of Anthropic. His stance highlights the current debate over whether the rise of artificial intelligence is justified by the real results of companies or depends, above all, on investors' confidence in the future.
Sources: Business Insider España
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