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Palantir Technologies Inc. (NASDAQ:PLTR) shares are retreating on Thursday. The decline follows social media commentary from “Big Short” investor Michael Burry.
Burry used his X account, Cassandra Unchained, to challenge Palantir’s market position. He suggested the company is losing ground to Anthropic. Burry noted that “Anthropic is very well run and knows what it is doing.”
Anthropic Expansion Signals Shift
The scrutiny intensifies following Anthropic’s Monday announcement. The AI firm signed a massive compute deal with Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google and Broadcom Inc.
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