Uh oh. “Five of the biggest US tech giants are carrying $1.65 trillion in debt that does not show up on their balance sheets, more than the debt that does…is bankrolling the AI data-centre boom…perfectly legal…uses the same accounting trick that brought down Enron.” thenextweb.com/news/tech-gi...
Big Tech is hiding $1.65tn in off-balance-sheet AI debt
A Nikkei study found Alphabet, Microsoft, Amazon, Meta and Oracle carry $1.65tn in off-balance-sheet debt for AI, more than they report. It is all legal.
thenextweb.com