Michael Burry first grabbed headlines for his bold short against the U.S. housing market in the mid-2000s, predicting its collapse and profiting massively when the subprime mortgage crisis hit in 2008.

First, many experts have admitted that AI is a bubble, but as a consolation, we get the opinion that it is different from the dot-com bubble, or, in the case of a former Intel CEO Pat Gelsinger, that it will take years to burst.

Michael Burry, the hedge-fund manager of “The Big Short” fame who is betting against two of the stock market’s favorite AI plays, is back with a new criticism of valuations in the sector.

Michael Burry exits markets after a $9.2M short bet targeting Palantir and the AI sector, citing inflated valuations.

Michael Burry has reportedly placed a $1.1 billion short bet against AI leaders Nvidia and Palantir, signaling his conviction that the AI bubble is set to burst

Burry made a fortune when he predicted the 2008 financial crisis and bet against the U.S. housing market collapse. His instinct led to the creation of The Big Short, by Michael Lewis, and carved out his position as an iconic investor.

Michael Burry's short of the U.S housing market is depicted in the 2015 film, The Big Short, along with the 2010 novel written by Michael Lewis, The Big Short: Inside the Doomsday Machine. This is how Burry came to be known as Wall Street's "Big Short" investor.

Nearly two decades after he became a Wall Street legend for predicting the 2008 housing crash, investor Michael Burry once again came out of the shadows with his bold bets against AI darlings Nvidia ( NVDA) and Palantir ( PLTR ).

"The Big Short" asset manager Michael Burry's attempts to short AI have taken several wild turns, leading to far more questions than answers.

The tech-heavy Nasdaq Composite index had its worst week since April, which was sparked by the revelation of a well-known hedge fund manager's bearish bets on popular AI stocks Nvidia and Palantir.