The next step is for profitable companies to sell stocks to raise cash and pump it into loss makers. It is possible that the US government will pump borrowed money into the bubble next, which could eventually destroy the market for US TreasuriesWorldCom was caught committing financial fraud during the dotcom bubble. It seems the dotcom bubble players were not very sophisticated; otherwise, none would have gone to jail. Nvidia recently reached an agreement to invest US$100 billion in OpenAI to support new data centres and other AI infrastructure. AdvertisementDuring the dotcom bubble, unprofitable companies were still raising money despite having no real prospect of becoming profitable.