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Investor Michael Burry Compares AI Companies Anthropic and Palantir

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Investor Michael Burry Comments on AI Competitive Landscape

In a recent social media post, investor Michael Burry stated his view that Anthropic is outperforming Palantir. He attributed Anthropic's reported growth in annual recurring revenue from $9 billion to $30 billion to its provision of what he described as an "easier, cheaper, intuitive solution for businesses."

Following these comments, Palantir's stock price fell as much as 8% to approximately $129.30 per share. The company's shares have declined nearly 30% since the start of the year.

Context of Burry's Remarks

Burry's latest comments follow actions and statements he made previously:

  • He announced a short position in Palantir stock several months prior.
  • He had previously expressed skepticism about a potential bubble in the broader AI market.

In his recent assessment, Burry indicated a belief that the AI market is shifting toward "plug and play" models, which allow for rapid business integration. He acknowledged Palantir's government contracts but suggested they do not provide a competitive advantage, viewing the private sector as the primary driver of profitability.

Cited Data on AI Adoption

Burry supported his view by citing a March 2026 analysis by economist Ara Kharazian of the financial operations platform Ramp. The report detailed growth in business adoption of AI services:

  • Nearly one in four businesses on the Ramp platform now pays for Anthropic services, compared to one in 25 a year prior.
  • OpenAI's adoption among these businesses declined by 1.5%, which the report noted was the largest single-month decrease for any AI model company since it began tracking.
  • The share of companies choosing Anthropic's Claude over OpenAI reached 73% in February.

Impact and Other Investor Activity

Burry contrasted Anthropic's reported growth with Palantir, noting it took that company 20 years to reach $5 billion.

Anthropic's AI tools have been cited as affecting shares of software companies in sectors including legal technology, logistics, and wealth management.

Other investors have also taken positions against Palantir. In September, short-seller Andrew Left disclosed a short position in Palantir stock and expressed a positive outlook on Databricks, another privately held AI startup.