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Technology@lemmy.worldEnglish · 8 days ago

Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debt

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Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debt

sanitation@lemmy.today to

Technology@lemmy.worldEnglish · 8 days ago

Big Tech hides $1.65 trillion in AI debt off its balance sheets - more than its total reported debt - using legal structures regulators still allow.

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Lydon_Feen@lemmy.world
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7 days ago
I’ve said it before, I’ll say it again…

The country which will win the AI race is the one who wastes the least amount of money on AI infrastructure.

The US will be the biggest loser in this “competition”.

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