Michael J. Burry, Hedge Fund Manager and Inspiration for The Big Short, Takes a New Short Position on AI with Palantir and NVIDIA

Michael J. Burry, a successful hedge fund manager, has initiated a new "Big Short" on AI by betting against Palantir and NVIDIA. Burry's fund, Scion Capital, has taken big short positions on these stocks, with puts worth $912 million in Palantir and $186 million in NVIDIA. Burry's previous big short on the housing market returned almost 500% to investors.