Study: off-balance sheet debt at Alphabet, Microsoft, Amazon, Meta, and Oracle grew an est. ~8x since 2022 to ~$1.65T, eclipsing ~$1.35T in balance sheet debt (Kohei Yamada/Nikkei Asia)
The AI buildout is leaning harder on obligations investors may not see on the balance sheet.
Techmeme’s note cites a Nikkei Asia study estimating that off-balance-sheet debt at five major AI spenders has reached about $1.65 trillion. That is now above their roughly $1.35 trillion in reported balance-sheet debt. The study says the figure has grown about eightfold since 2022, covering Alphabet, Microsoft, Amazon, Meta, and Oracle. Techmeme's note
Techmeme’s note cites a Nikkei Asia study estimating that off-balance-sheet debt at five major AI spenders has reached about $1.65 trillion. That is now above their roughly $1.35 trillion in reported balance-sheet debt. The study says the figure has grown about eightfold since 2022, covering Alphabet, Microsoft, Amazon, Meta, and Oracle. Techmeme's note
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