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ET Graphics: AI giants burn through trillions

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ET Graphics: AI giants burn through trillions

Major tech giants are sitting on $3.1 trillion in off-balance-sheet commitments, according to a WSJ analysis. In fact, this spending may be powering the next generation of tech, but it is creating a financial burden that cannot simply be switched off.

With AI giants now talking about slowing the frontier to make the technology safer, there’s a trillion-dollar question hidden in all this: can they afford to keep racing at this pace? Behind the AI boom, there is a mountain of borrowing, data-centre leases and long-term infrastructure commitments, and the companies are burning through billions of dollars to fuel their AI ambitions. Major tech giants are sitting on $3.1 trillion in

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