On July 21, Nikkei Asia Review reported that the hidden debt of five US tech giants—Google's parent company Alphabet, Microsoft, Amazon, Meta, and Oracle—has surged to $1.65 trillion due to opaque AI financing. After reviewing financial reports and other materials, the media found that the hidden debt of these five companies has increased eightfold in four years, reaching $1.65 trillion in the most recent quarter, far exceeding their on-balance-sheet liabilities of approximately $1.35 trillion.
