Palantir CEO Alex Karp blasted short sellers on Tuesday, singling out famed investor Michael Burry as “bats–t crazy” for his combined $1.1 billion bet against his company as well as AI chipmaker Nvidia — two firms that have seen their stock surge in the last 12 months.
“The two companies he’s shorting are the ones making all the money, which is super weird,” Karp told CNBC’s “Squawk Box” on Tuesday.
“The idea that chips and ontology is what you want to short is bats–t crazy.”
“He’s actually putting a short on AI. … It was us and Nvidia,” Karp added.
Burry’s Scion Asset Management disclosed massive short positions against Palantir and Nvidia, worth a combined $1.1 billion, in a recent regulatory filing.
The bets came even as both companies have led the market’s AI boom — and just hou

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