「The Big Short」 Michael Burry Accuses Nvidia of Spending $150 Million to Block AMD from Winning Oracle AI Data Center Deal, Calls Its Tactics 'Mafia-Like'

According to 1M AI News, investor Michael Burry, famous for predicting the 2008 housing bubble crisis, made a post accusing NVIDIA of engaging in anti-competitive behavior in Oracle and OpenAI's AI data center project.

Burry stated that the core issue was OpenAI pulling out of the collaboration with Oracle because OpenAI wanted NVIDIA's next-generation Ruben chip instead of Oracle's heavily leveraged Blackwell chip. OpenAI believed that "the building isn't even done, and the chip would already be outdated." Subsequently, NVIDIA intervened, spending around $150 million to block AMD from taking over the contract. Burry likened this behavior to being "mafia-like" and suggested it should be part of an antitrust case.

Burry also revealed that the U.S. Department of Justice has been investigating NVIDIA for nearly two years, but he believed no legal action would be taken under the Trump administration. He mentioned that Oracle and OpenAI still maintain a working relationship, with Meta taking over the development project abandoned by OpenAI. He noted that despite the "AIlluminati (AI industry insiders) saying it's not a big deal," he believed "this is definitely a big deal."

Both NVIDIA and the U.S. Department of Justice have not publicly responded to the allegations. Indeed, the U.S. Department of Justice has been conducting an antitrust investigation into NVIDIA since 2024, issuing subpoenas to NVIDIA and third-party companies in September 2025.