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Technology@lemmy.worldEnglish · 8 days ago

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

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

chobeat@lemmy.ml to

Technology@lemmy.worldEnglish · 8 days ago

cross-posted to:
technology@lemmy.ml

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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OH TAXPAAAAAAYERS

WE’D LIKE ANOTHER BAILOUT
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  Scratch out Enron, replace with AI companies

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