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TechnologyEnglish · 2 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

TechnologyEnglish · 2 days ago

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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comador
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33·
2 days ago
We’re on track for what several analysts said would happen prior to an AI crash around November to February.
- Trampampoline@sh.itjust.works
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  42·
  2 days ago
  OH TAXPAAAAAAYERS
  
  WE’D LIKE ANOTHER BAILOUT
  - comador
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    28·
    2 days ago
    Scratch out Enron, replace with AI companies
    - dumnezero@piefed.social
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      4·
      1 day ago
      I love that they’re promoting the nuclear energy scammers like that.

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