“Big Short” Bury opens fire again: the market should fall sharply to stop OpenAI and Anthropic's trillion-dollar IPOs

The Zhitong Finance App learned that Michael Burry (Michael Burry), the prototype character of the movie “The Big Short” and a well-known investor, once again criticized the AI craze, warning that the planned public listing of Anthropic (ANTHRO) and OpenAI (OPENAI) may cause the market to face huge capital losses. “For the sake of human welfare, the market should fall sharply and block the IPOs of OpenAI and Anthropic.” Bury wrote on the X platform. At the time, US President Donald Trump was meeting with AI executives at the White House on Tuesday to discuss voluntary industry self-regulation.

“These companies will absorb and destroy trillions of dollars in capital, and this will be the smallest part of their damage.” Burry said in another comment.

Bury has repeatedly questioned whether the huge expenditure on data centers and AI infrastructure can generate sufficient returns. Earlier this month, he called warnings from AI leaders such as OpenAI and Anthropic about the slowdown in AI development “selfish and self-serving,” believing that such warnings may help build momentum for their planned IPOs.

His latest remarks come at a time when investment in AI infrastructure continues to surge, and the two largest private companies in the industry are promoting a potential public listing. According to Reuters, Anthropic's IPO prospectus shows that despite reporting a net loss of US$42 billion in 2025, the company expects to commit around US$518 billion in cloud, computing and infrastructure in the next few years, while the planned listing could value the company more than $2 trillion.

According to the report, Anthropic's IPO is expected to start after the US midterm elections in November, while OpenAI has postponed the IPO plan until next year. OpenAI CEO Sam Altman said on Tuesday that the company has no specific listing timeline, adding that the security of the next generation of AI models remains a more important priority.

Trump pushes for AI self-regulation

On Tuesday, a group of large tech company CEOs signed Trump's “White House Super Intelligence Agreement,” outlining a joint commitment to responsible development of cutting-edge AI models. Signers include Sundar Pichai of Google (GOOGL.US), Dario Amodei of Anthropic (ANTHRO), Mark Zuckerberg of Meta (META.US), Greg Brockman of OpenAI (OPENAI), and Elon Musk of SpaceX (SPCX.US).

After the meeting, Trump said he saw “great self-regulation” in the industry and insisted that although the US has already regulated it through agencies such as the Department of Justice and the FBI, “self-regulation is very important.”