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)
A Nikkei study estimates major AI infrastructure buyers now carry $1.65T in off-balance-sheet debt, reshaping hyperscaler financing risk.
Excerpt
<a href="https://asia.nikkei.com/business/technology/five-us-tech-giants-hidden-debts-soar-to-1.65tn-on-opaque-ai-funding"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260720/i44.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260720/p44#a260720p44" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Kohei Yamada / <a href="https://asia.nikkei.com/">Nikkei Asia</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://asia.nikkei.com/business/technology/five-us-tech-giants-hidden-debts-soar-to-1.65tn-on-opaque-ai-funding">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</a></b></span> — PALO ALTO, California — Hidden debt at U.S. tech giants swelled eightfold in roughly four years to an estimated $1.65 trillion … </p>
Read at source: https://www.techmeme.com/260720/p44#a260720p44