Michael Burry says he's shorting AI stars Oracle and Nebius

Michael Burry of "The Big Short" fame. James Devaney/WireImage Michael Burry said on his Substack that he's shorting Oracle and Nebius. The "Big Short" investor wrote that many AI companies are looking bloated and vulnerable. Burry has said that Oracle is in a "bit of a pickle" thanks to its debt-fueled data center buildout. Michael Burry says he's shorting Oracle and Nebius, two companies that are betting big on the AI boom. The investor of "The Big Short" fame said in a Substack post on Thursday that while researching the fourth part of a series titled "The Heretic's Guide to AI's Stars," he'd shorted the two stocks "because my work just wouldn't let me continue without doing so." Writing broadly about AI companies , Burry compared them to fish in a barrel. "The fish have gorged themselves on off-balance sheet liabilities . Backstops. Uncommenced leases. Purchase commitments," he wrote.