WSJ Reveals $3 Trillion in AI Off-Balance-Sheet Commitments by Top Tech Firms

GaryMarcus · x · 2026-08-18

A Wall Street Journal analysis of footnotes in recent filings reveals that nine top tech companies hold around $3 trillion in off-balance-sheet commitments, mostly related to AI. These obligations are growing faster than traditional capex and are roughly triple their outstanding leases and long-term borrowings.

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