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[ARTICLE · art-66434] src=asia.nikkei.com ↗ pub= topic=artificial-intelligence verified=true sentiment=↓ negative

Five US tech giants' hidden debts soar to $1.65T on opaque AI funding

Hidden debt at five major U.S. tech companies — Meta, Oracle, and others — surged eightfold to an estimated $1.65 trillion over roughly four years as AI investments ballooned, a Nikkei study shows, surpassing their transparent debt and complicating risk assessment for investors. Meta's off-balance-sheet debt alone stands at about $420 billion, nearly triple its reported debt.

read1 min views2 publishedJul 21, 2026
Five US tech giants' hidden debts soar to $1.65T on opaque AI funding
Image: source

Technology# Five US tech giants' hidden debts soar to $1.65tn on opaque AI funding

Data center leases, GPU supply contracts raise liabilities at Meta, Oracle, Nikkei study shows

A Meta data center in the state of Georgia. The company's off-balance-sheet debt is about $420 billion, nearly triple its transparent debt. © AP

PALO ALTO, California -- Hidden debt at U.S. tech giants swelled eightfold in roughly four years to an estimated $1.65 trillion as artificial intelligence investments ballooned, a Nikkei study shows, exceeding actual debt and making it tougher for investors to assess risk.

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