US Tech Giants' Hidden AI Debt Swells 90% to $3.2T in Six Months

Original title: US tech giants' hidden AI debt swells 90% to $3.2T in 6 months
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Off-balance-sheet debt from US tech giants' AI obligations has nearly doubled in six months to approximately $3.2 trillion. This surge highlights the massive financial leverage behind AI infrastructure spending and raises investor concerns about sustainability.

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An Amazon data center in the U.S. state of Indiana. Tech giants are pouring money into such AI infrastructure. © Reuters

KOHEI YAMADA

PALO ALTO, California -- U.S. tech giants' off-balance-sheet debt from artificial intelligence-related obligations continues to balloon, almost doubling in six months to about $3.2 trillion, with investors increasingly alarmed by seemingly unending spending.