US tech giants' hidden AI debt swells 90% to $3.2tn in 6 months
Off-balance-sheet AI debt at US tech giants has nearly doubled in six months to about $3.2 trillion, while their commitments and obligations reach 80% of assets, alarming investors.
U.S. tech giants' off-balance-sheet debt from artificial intelligence-related obligations keeps ballooning, almost doubling in six months to about $3.2 trillion, a 90% rise that has investors increasingly alarmed by seemingly unending spending.
Commitments reach 80% of assets
Google, Meta and other companies have commitments and obligations equal to 80% of their assets. Tech giants are pouring money into AI infrastructure: an Amazon data center in the U.S. state of Indiana is one example of the spending.
Sources: asia.nikkei.com
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