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Technology@lemmy.ml · 17 hours 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.ml · 17 hours ago

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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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12 hours ago
digging into sources/references I’d take this as a pretty reliable source. https://news.bloomberglaw.com/tech-and-telecom-law/big-tech-ai-spree-revives-accounting-devices-that-toppled-enron

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