chobeat@lemmy.ml to Technology@lemmy.worldEnglish · 6 days ago

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

532

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

chobeat@lemmy.ml to Technology@lemmy.worldEnglish · 6 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.

Chat

postmateDumbass@lemmy.world
link
fedilink
English
arrow-up
36·
6 days ago
Enron wrote a chapter in the textbook these guys read as interns.

https://www.justwatch.com/us/movie/enron-the-smartest-guys-in-the-room

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

2.93K users / day
7.91K users / week
14.2K users / month
21.5K users / 6 months
1 local subscriber
86.6K subscribers
3.29K Posts
72.4K Comments
Modlog