Hidden AI Costs? Big Tech Hyperscalers Hold $662 Billion In Off-Balance-Sheet Data Center Leases: Report
Moody's Ratings revealed that the five leading hyperscalers, Amazon.com Inc. (NASDAQ: AMZN), Meta Platforms Inc. (NASDAQ:META), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Microsoft Corp. (NASDAQ: MSFT) and Oracle Corp. (NYSE: ORCL), have racked up $662 billion in future data center lease obligations that remain off their balance sheets.