Michael Burry, the renowned investor whose story inspired the film "The Big Short," has once again attacked the AI hype, warning that planned public listings by Anthropic and OpenAI could expose the market to massive capital losses.

"For the good of humanity, the market should plunge hard and stop the OpenAI and Anthropic IPOs," Burry wrote on X. His comments came as U.S. President Donald Trump was meeting with AI executives at the White House on Tuesday to discuss voluntary industry self-regulation.

"These companies will suck up and destroy trillions of dollars in capital, and that will be the least of the damage they cause," Burry said in another comment.

Burry has repeatedly questioned whether the enormous spending on data centers and AI infrastructure can generate sufficient returns. Earlier this month, he called warnings from AI leaders such as OpenAI and Anthropic about slowing AI development "self-serving," arguing that such warnings could help build momentum for their planned IPOs.

His latest remarks come as investment in AI infrastructure continues to surge, with the two largest private companies in the sector pushing ahead with potential public listings.

According to Reuters, Anthropic's IPO prospectus shows that despite reporting a net loss of $42 billion in 2025, the company expects commitments of approximately $518 billion over the coming years for cloud, computing, and infrastructure, and the planned listing could value the company at more than $2 trillion.

The report said Anthropic's IPO is expected to launch after the U.S. midterm elections in November, while OpenAI has postponed its IPO plans to next year.

OpenAI CEO Sam Altman said on Tuesday that the company has no specific timeline for going public, adding that safety work on next-generation AI models remains a more important priority.

Trump Pushes for AI Self-Regulation

On Tuesday, a group of major tech company CEOs signed Trump's "White House Superintelligence Accord," outlining a joint commitment to the responsible development of frontier AI models.

Signatories included Sundar Pichai of Google, Dario Amodei of Anthropic, Mark Zuckerberg of Meta, Greg Brockman of OpenAI, and Elon Musk of SpaceX.

After the meeting, Trump said he saw "tremendous self-regulation" in the industry and argued that although the U.S. already regulates through agencies such as the Department of Justice and the FBI, "self-regulation is very important."