Michael Burry warned that interconnected financing around Anthropic could leave the wider AI industry vulnerable if growth slows, according to an October 28 BlockBeats report summarizing his Substack commentary.
Overlapping financial roles draw scrutiny
The report said Burry highlighted large technology companies’ multiple roles as lenders, suppliers, distribution channels and shareholders. He compared those arrangements with supplier financing during the dot-com boom.
In Burry’s assessment, links that appear supportive during rapid expansion could transmit stress across the industry when growth stalls or declines.
Sources: BlockBeats English report and the original Chinese flash, published October 28, 2026, at 14:46 UTC.