Big Tech uses guarantees to keep $300B of AI exposure off balance sheets, FT reports
sbulaev · hn · 2026-09-20
A Financial Times investigation finds Big Tech companies are using guarantees to keep roughly $300B of AI-related exposure off their balance sheets, avoiding debt consolidation disclosures. These commitments often backstop AI data center joint ventures and compute purchase deals, obscuring the true financial risk of the AI buildout. The story sparked heated HN debate about AI bubble risk and accounting transparency.
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