Technology@lemmy.worldEnglish · 3 days ago

Big Tech is hiding $1.65tn in off-balance-sheet AI debt

thenextweb.com

cross-posted to:
technology@beehaw.org

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Big Tech is hiding $1.65tn in off-balance-sheet AI debt

thenextweb.com

chobeat@lemmy.ml to

Technology@lemmy.worldEnglish · 3 days ago

cross-posted to:
technology@beehaw.org

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.

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2 days ago
Isn’t that exactly like buying houses in 2008?

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