Michael Burry

Headlines · 2

1. 4d
   Broadcom CEO likens AI investors to casino gamblers; Musk pushes back

   Broadcom CEO Hock Tan said at a Singapore event on Oct. 12 that many AI investors lack a solid understanding of frontier large language models yet hold extreme growth expectations, acting like gamblers in a casino. He argued AI model developers need customers that can generate returns from deploying the technology, rather than relying on users now "wasting money" on tokens as they experiment with AI, comparing it to a kid who blows $10 of arcade tokens in 10 minutes and "hasn't learned anything." Investor Michael Burry reposted the remarks on X to highlight enterprise token spending that may not create real value, while Tesla CEO Elon Musk replied that spending $10 on video games as a kid was fun and that playing many games does teach you things.

   科技新报 · 🔥 0
2. Oct 8
   Anthropic IPO: $2T target vs New Constructs' $150B valuation

   Independent research firm New Constructs called Anthropic's upcoming IPO the "most absurd IPO of 2026," valuing the company at just $150 billion against its $2 trillion target and arguing closed models struggle to turn a profit. According to 36Kr, Anthropic booked roughly $4.59 billion in 2025 revenue and a $42 billion net loss — about $34 billion of it a non-cash charge from revaluing convertible instruments — alongside some $518 billion in cloud and infrastructure commitments. New Constructs founder David Trainer previously called WeWork's listing the most absurd IPO of 2019, and investor Michael Burry has publicly urged markets to block the OpenAI and Anthropic listings.

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