News from India-based sources, ranked by recency.
Michael Burry, famous for predicting the 2008 housing crash, has increased his stake in Alibaba, citing its AI strategy and buyback program as undervalued. He contrasts this with his bearish view on U.S. AI companies, warning of inflated valuations. Burry also expressed skepticism about Anthropic's nearly $1 trillion valuation, deeming its AI model business unsustainable at that price.
US officials reportedly banned Anthropic's AI models due to communication failures and perceived disregard for cyber orders, not just Amazon's warning. Concerns over a potential China-linked leak of the Mythos model and past Pentagon clashes also fueled mistrust. Anthropic faces meetings to address compliance and security vulnerabilities.
