Michael Burry: Anthropic IPO filing shows AI boom is 'catastrophically vulnerable'
SumitGup · x · 2026-10-29
Michael Burry argues, citing Anthropic's IPO filing, that the AI boom is "catastrophically vulnerable":
- Anthropic owes $537B for compute, potentially rising to $800B with pending deals
- That's about 12x its $65B annual revenue
- Half of the $537B goes to Amazon, Google, and Microsoft
- Sales growth slowed from 144% to 46% quarter-over-quarter while compute costs jumped 78%
Burry says the setup works only while AI keeps growing; any slowdown could trigger a collapse.
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