Anthropic's IPO filing is the talk of Wall Street. Michael Burry says it hasn't eased his worries about the AI boom.
Source: Business Insider ·
Michael Burry of "The Big Short" fame pointed to Anthropic's slowing revenue growth and pressure on pricing and usage of AI models.
From the source
Michael Burry, the investor of "The Big Short" fame.Bloomberg/Getty ImagesMichael Burry has weighed in on Anthropic after it filed to go public on Monday.The "Big Short" investor, who's bearish on the AI boom, said the filing didn't change his view.Burry highlighted slowing revenue growth and pressure on pricing and usage on his Substack.Anthropic has set Wall Street abuzz by filing for what could be the biggest IPO in history. Michael Burry says the first good look at the AI startup's business failed to convince him it's a winner."There is a lot here but nothing that changes my view," the investor of "The Big Short" fame told his Substack subscribers in a chat thread about Anthropic's prospectus on Monday.Burry said that "a lot changed in the developer landscape" over the last four months or so, but that's not reflected in Anthropic's Form S-1, which largely provides information through June 30.Michael Burry raised concerns about Anthropic's growth in a Substack…