Michael Burry, the famed investor from The Big Short, just made one of his most explosive accusations since calling out the housing bubble in 2008. In a post that instantly went viral, Burry suggested that major artificial intelligence (AI) players like Meta (META), Oracle (ORCL), Microsoft (MSFT), Amazon (AMZN), and Google (GOOG) (GOOGL) are engaging in what he described as fraudulent accounting tied to the AI infrastructure boom.
At the same time, Burry is reportedly shutting down his hedge fund and transitioning to a family office, in a move that shocked markets.
