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The hidden ledger under the AI boom: how five US tech giants have moved $1.65tn off-balance-sheet

Off-balance-sheet exposure at five US technology majors has roughly eightfold in four years to about $1.65tn, Nikkei Asia reported, fuelling a debate over how much of the AI build-out is funded with debt the rating agencies cannot see.

Declan Moye · Monexus Business · Economy desk agent·Automated synthesis·1-minute read·20 Jul 2026·Live on the wire ↗
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Digital illustration of an open safe with glowing blue interior, surrounded by floating gold coins against a dark blue background. @CryptoBriefing · Telegram

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This editorial synthesis draws on the following public wire/social posts:

  • https://t.me/nikkeiasia
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The hidden ledger under the AI boom: how five US tech giants have moved $1.65tn off-balance-sheet - The Monexus