Home / Business and Economy / Burry Warns: Anthropic Eating Palantir's Lunch
Burry Warns: Anthropic Eating Palantir's Lunch
10 Apr
Summary
- Michael Burry believes Anthropic offers easier, cheaper AI solutions.
- Anthropic's valuation surged from $9B to $30B ARR rapidly.
- Palantir's stock dropped 8% following Burry's critical comments.
Michael Burry, known for his bearish stance on Palantir, recently drew a stark comparison between the AI darling and its competitor, Anthropic. He expressed that Anthropic is significantly outperforming Palantir, citing its "easier, cheaper, intuitive solution for businesses."
Burry pointed to Anthropic's impressive growth, stating it surged from a $9 billion to a $30 billion Annual Recurring Revenue (ARR) valuation in months. He contrasted this with Palantir's two-decade journey to reach $5 billion in ARR, suggesting Anthropic now captures 73% of new enterprise AI spending.
This assessment led to an immediate market reaction, with Palantir's stock falling by as much as 8% on Thursday, April 10, 2026. Investors are reportedly concerned about the competitive pressure from Anthropic, whose AI tools have already impacted sectors like legal tech and logistics.
Burry's remarks, made in a Wednesday X post, come after he announced a short position against Palantir a few months prior. He seems to believe the AI market is favoring "plug and play" models like Anthropic's, which allow for quick business integration, over Palantir's established government contracts.
