Technology
Investments in data‑center leases and GPU supply contracts are inflating hidden liabilities at Meta, Oracle, and other U.S. tech firms, according to a Nikkei analysis
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
A recent Nikkei study reveals that hidden debt among U.S. technology companies has risen eightfold over four years, reaching an estimated $1.65 trillion, driven largely by surging AI‑related investments and off‑balance‑sheet financing. This figure surpasses disclosed liabilities and complicates risk assessment for investors.
