Prominent investor Michael Burry is betting against Oracle, having recently sparked market discussion by pouring cold water on the artificial intelligence (AI) hype. In a post on Substack after Friday's market close, he revealed that he holds put options on Oracle stock. Burry, who previously disclosed bearish bets on AI chipmaker Nvidia and Palantir Technologies Inc. last November, stated directly that he has also been shorting Oracle outright for the past six months. Oracle is renowned for its database software but has recently made a significant push into the cloud computing services sector, a move that requires massive investment in data center construction and has saddled the company with substantial debt. "I don't like its positioning and investment strategy. It doesn't need to do this at all, and I don't know why it is doing it. Maybe it's ego," Burry wrote in response to a user who asked why he chose to short Nvidia instead of Oracle. He did not disclose the specifics of the put options. Oracle currently has approximately $95 billion in outstanding debt, making it the largest corporate bond issuer outside the financial industry in the Bloomberg high-grade index. The company did not immediately respond to a request for comment outside of normal business hours. Burry, who gained fame for betting against the US housing market during the 2008 financial crisis, indicated that he avoids shorting large technology companies with business scopes far exceeding just AI, such as Meta Platforms Inc., Alphabet Inc., and Microsoft. "If I short Meta, I am shorting its dominance in social media and advertising. If I short Alphabet, I am shorting Google Search, Android, Waymo, etc. If I short Microsoft, I am shorting the global office productivity SaaS giant," Burry wrote. "These big companies are not pure AI shorts." He suggested that these large firms might gradually scale back expenditures, absorb losses from overcapacity, and potentially write down assets, all while maintaining dominance in their core businesses. "These three companies aren't going away," he added. Burry stated he would short OpenAI if its valuation reached $500 billion, highlighting his broad skepticism about the speed of AI development and its economic benefits. He described Nvidia as the most concentrated way to express a bearish view on the AI sector. "Nvidia is also the most favored, least questioned company," he wrote. "Therefore, it's cheap to short, its puts are cheaper than other, more questioned large shorts in the market."