Five tech giants are hiding $1.65tn in AI debt, using the trick that toppled Enron

The Next Webby Ana-Maria StanciucJuly 21, 2026tech

Look at what Alphabet, Microsoft, Amazon, Meta, and Oracle officially owe, and the numbers seem large but manageable. Look off the books, and a second, bigger pile of debt appears. A Nikkei study put that hidden figure at $1.65 trillion, up roughly eightfold in four years. It is more than the $1.35 trillion the five […] This story continues at The Next Web

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Five tech giants are hiding $1.65tn in AI debt, using the trick that toppled Enron

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