Michael Burry has shifted his high‑profile bet against the artificial intelligence boom into long‑dated options, warning the 'bubble in AI may burst sooner than later' after new research prompted him to bring forward his timeline.
In a 28 September post on his Cassandra Unchained Substack, the investor, who became known for betting against the US housing market before the 2008 financial crisis, said he had replaced a series of outright short positions with put options.
