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Nov 4, 2025 12:00 PM

Palantir CEO Says Michael Burry, AI Short-Sellers Are 'BatS--t Crazy'

On Tuesday morning, Palantir Technologies, Inc. (NASDAQ:PLTR) CEO Alex Karp criticized short-sellers and pointed directly at investor "Big Short" Michael Burry. 

PLTR stock is down. See the real-time price action here. 

A new filing disclosed Monday evening that Burry's hedge fund Scion Asset Management had wagered against both Palantir and Nvidia Corp. (NASDAQ:NVDA) in the third quarter. 

Read Next: Michael Burry Is Super-Bearish On Palantir, With 5 Million Puts

Karp Rants

Speaking on CNBC's "Squawk Box," Karp said it was strange that the companies generating most of the profits were being targeted, adding that betting against firms driving the AI sector was irrational.

"The two companies he's shorting are the ones making all the money, which is super weird," Karp said. "The idea that chips and ontology is what you ...