2008 financial crisis prophet bets against the AI bubble with potential $1 billion payout — Michael Burry reveals put options on Nvidia and Palantir

Scion Asset Management, led by Michael J. Burry of "The Big Short" fame, has bet against AI giants like Nvidia and Palantir with put options potentially worth over $1 billion. Burry's warnings of an AI bubble have gained traction as AI-related company valuations soar. Scion also placed shorts on companies like Halliburton and Pfizer. Nvidia and Palantir stocks have dipped following these revelations, with Palantir's CEO dismissing talk of an AI bubble as "batsh*t crazy."