Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.

Shares of major tech companies have fallen in the US and Japan over fears about the valuations of firms linked to AI.

The Bank of England sent out a warning message prior to Michael Burry's suggestion that the 'bubble' around artificial intelligence will burst. You may recognise the depiction of

Short selling rarely thrives in a bull market, especially one this undeterred. Still, some executives lash out at investors who bet against them, like Palantir CEO Alex Karp, who called investor Michael Burry "bats**t crazy" on CNBC for shorting his stock.