Stocks

Burry Warns of Capital Losses as Anthropic and OpenAI Prep IPOs

Guavy AI Editorial Team Published September 30, 2026

Instruments

AMZN GOOGL NVDA

Stock index futures rose on Wednesday as Treasury yields took a breather from recent gains. Meanwhile, investors were keeping an eye on several key economic reports.

DeepSeek has developed software with Huawei Technologies to program the Chinese company's Ascend AI accelerators. The toolkit, including TileLang, is now available as open-source software. This move aims to create alternatives to Nvidia's CUDA ecosystem and support Huawei's push against Nvidia.

Anthropic's IPO showed a significant reliance on major cloud partners, with 47% of its 2025 sales routed through Amazon and Google. The channels generated $2.16B in sales, while Anthropic paid around $351M in distribution fees.

Michael Burry criticized planned listings by Anthropic and OpenAI, warning that the offerings could expose markets to substantial capital losses. His comments came as President Donald Trump hosted AI executives at the White House, highlighting attention on capital requirements and valuations across the sector.

Burry Warns of Capital Losses as Anthropic and OpenAI Prep IPOs

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