
Michael Burry, famed for predicting the 2008 housing crash, has made a striking comeback, betting $1.1 billion against AI leaders Nvidia and Palantir through Scion Asset Management. With two-thirds of the fund concentrated on Palantir alone, Burry signals his conviction that AI valuations are dangerously inflated. Scion Asset Management now oversees roughly $1.38 billion in assets.
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