Michael Burry Calls for Market Crash to Block OpenAI and Anthropic IPOs

Investor Michael Burry has publicly advocated for a severe market downturn to prevent the initial public offerings of AI firms OpenAI and Anthropic. Burry, known for his role in 'The Big Short,' suggested on X that such a crash would serve the benefit of humanity by stopping these companies from going public, comparing the potential risks to the fictional 'Skynet' from the Terminator franchise. He further criticized the firms for their massive capital consumption and lack of profitability. Reports indicate Anthropic faces significant net losses, while OpenAI has reportedly delayed its own listing until 2027.