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Michael Burry said on X that, for the benefit of humanity, the market should fall sharply to stop the initial public offerings of OpenAI and Anthropic, claiming the two companies will siphon off trillions of dollars and ultimately destroy it. He has recently repeatedly questioned the returns on AI infrastructure spending and disclosed short positions in AI stocks such as Nvidia, shifting to put options. Anthropic's prospectus shows it plans to spend $518 billion over the next few years on cloud computing and infrastructure construction, with a net loss of nearly $42 billion last year; OpenAI has postponed its IPO plan to next year.
Michael Burry said on X that, for the benefit of humanity, the market should fall sharply to stop the initial public offerings of OpenAI and Anthropic, claiming the two companies will siphon off trillions of dollars and ultimately destroy it. He has recently repeatedly questioned the returns on AI infrastructure spending and disclosed short positions in AI stocks such as Nvidia, shifting to put options. Anthropic's prospectus shows it plans to spend $518 billion over the next few years on cloud
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According to media reports on Tuesday, OpenAI plans to launch a portable, screenless smart speaker, which will be its first consumer-facing hardware product, capable of controlling smart home devices, playing media, handling messages, and invoking ChatGPT capabilities. The device is expected to launch in 2027 as part of a hardware plan involving roughly five devices, with a longer-term goal of building a mobile AI device that can replace smartphones. Last year, OpenAI spent $6.5 billion to acquire io, founded by Jony Ive, and the LoveFrom studio is helping it build its hardware business.
According to media reports on Tuesday, OpenAI plans to launch a portable, screenless smart speaker, which will be its first consumer-facing hardware product, capable of controlling smart home devices, playing media, handling messages, and invoking ChatGPT capabilities. The device is expected to launch in 2027 as part of a hardware plan involving roughly five devices, with a longer-term goal of building a mobile AI device that can replace smartphones. Last year, OpenAI spent $6.5 billion to acqui
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