Five US Tech Giants' Hidden AI Debt Hits $1.65 Trillion
The hidden debt grew eightfold in about four years, making each firm's real risk harder for investors to gauge.
- Meta alone owes near $420 billion this way, nearly triple its reported debt.
- Oracle ranks among the five, its AI buildout financed through the same channels.
- Data center leases and GPU supply contracts, not conventional loans, carry the obligations off books.
Why it matters: Debt that never appears on a balance sheet is still owed; only the risk grows invisible.
Nikkei Asia (Nikkei study) ↗ · Jul 21, 20267/21/26 · ✓ Checked✓ Check