Analysis: nine top tech companies including Alphabet and Meta had ~$3T of AI-related off-balance-sheet commitments, far exceeding their $600B in reported capex (Wall Street Journal)

Techmeme — Aug 17, 09:45 AM

https://www.techmeme.com/260817/p7#a260817p7" title="Techmeme permalink">http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /> https://www.wsj.com/">Wall Street Journal:

https://www.wsj.com/tech/ai/why-big-techs-ai-spending-is-3-trillion-higher-than-it-seems-e1067bb2?st=hKauuG&reflink=desktopwebshare_permalink">Analysis: nine top tech companies including Alphabet and Meta had ~$3T of AI-related off-balance-sheet commitments, far exceeding their $600B in reported capex — Massive spending commitments for data-center leases and chips aren't shown on companies' balance sheets