Key facts
- US tech giants' AI-related off-balance-sheet debt reached about $3.2 trillion, nearly doubling in six months, per the report.
- The obligations equal about 80% of the companies' assets, the report said.
- The report gave no company-level breakdown of the AI commitments.
US technology companies' off-balance-sheet debt from artificial intelligence-related commitments and obligations grew about 90% in six months to roughly $3.2 trillion, according to a report published by Nikkei Asia.
The report said the commitments and obligations equal about 80% of the companies' assets and that investors are increasingly alarmed by the spending. It did not name the companies covered or the method used to compile the figures.
The article used an Amazon data center in Indiana as an illustration of the infrastructure spending but gave no company-specific figures.