Business & Enterprise3 min reading time

AI Companies Are Trying to Hide a Staggering Amount of Debt

Futurism
Read the full article
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

AI delivers ‘zero financial payoff’ to most companies, Apollo economist says

Covered by 3 sources