Palantir stock sinks as Michael Burry says Anthropic is 'eating' its lunch

Benzinga reported that Burry has put options on Palantir that expire in 2027 -- contracts that, per regulatory disclosures, cover approximately five million shares on the downside. His broader case against the stock frames Palantir as a glorified systems integrator whose AI narrative depends on external foundation models. In his words, the company "has no real AI software of its own."

A standoff between Anthropic and the Pentagon over safety guardrails for autonomous weapons systems prompted the Trump administration to designate the AI lab as a supply-chain risk. The order cascaded to federal contractors -- Palantir among them -- requiring Claude to be pulled from their technology stacks. Reuters, as cited by Yahoo Finance, reported that Palantir was compelled to excise Claude from Maven Smart Systems, the company's digital assistant for military commanders, and undertake a rebuild of affected sections of the platform.