Business & Enterprise3 min reading time

AI Companies Are Trying to Hide a Staggering Amount of Debt

Futurism
Read full post
Major US tech companies including Alphabet, Microsoft, Amazon, Meta, and Oracle have accumulated approximately $1.65 trillion in off-balance-sheet debt to fund costly AI data centers, exceeding their reported debt. This hidden debt raises concerns about financial transparency and potential risks similar to past corporate collapses, amid warnings of an AI investment bubble.

More on this story


More in Business & Enterprise

Apple’s first foldable is the iPhone Duo, and it costs $1,999

Covered by 6 sources

Mistral Seeks to Grow Enterprise Customer Base Through Cloudera Partnership

Covered by 3 sources

DOJ Probes Nvidia’s Tie-Up With Groq on Antitrust Concerns

Covered by 2 sources