Jim Cramer warns AI's circular financing frenzy echoes the dot-com bubble

CNBC's Jim Cramer warned that Nvidia's reported backing of OpenAI's data center expansion echoes the circular financing arrangements that preceded the dot-com crash, drawing parallels between the AI investment frenzy and the late-1990s tech bubble.

Jim Cramer warns AI's circular financing frenzy echoes the dot-com bubble Source: CNBC Technology https://www.cnbc.com/technology/ CNBC's Jim Cramer said reports of Nvidia /glossary/nvidia backing OpenAI /glossary/openai 's data center expansion revived memories of the financing arrangements that preceded the dot-com crash.Get AI news in your inbox Daily digest of what matters in AI.