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chobeat@lemmy.ml to Technology@lemmygrad.ml · 13 days ago

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

thenextweb.com

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

thenextweb.com

chobeat@lemmy.ml to Technology@lemmygrad.ml · 13 days ago
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Five tech giants are hiding $1.65tn in AI debt, using the trick that toppled Enron
thenextweb.com
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Look at what Alphabet, Microsoft, Amazon, Meta, and Oracle officially owe, and the numbers seem large but manageable. Look off the books, and a second, bigger pile of debt appears. A Nikkei study put that hidden figure at $1.65 trillion, up
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  • PeeOnYou [he/him]@lemmygrad.ml
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    13 days ago

    i wish i could just drum up a few hundred billion dollars in debt on the promise that ill use it to make more money in the future, plz believe me bro

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