Earlier this month, news emerged that Michael Burry, who famously shorted the US housing market before its collapse in 2008, had placed bets worth over $1 billion against the share prices of AI chipmaker Nvidia and software company Palantir.

The reveal compounded existing concerns that the AI industry was growing into an enormous bubble that could take the US economy with it.

However, the famed asset manager’s story has taken several wild turns since then that have led to far more questions than answers. An October 27 letter Burry sent to investors, sent roughly a month after he made his short positions against Palantir and Nvidia, revealed that he would “liquidate the funds” of his hedge fund, Scion Asset Management, and “return capital” by “year’s end.”

The leak coincided with the new

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