- Large technology companies are structuring AI commitments through guarantees, leaving about $300bn of exposure off their balance sheets, per the Financial Times.
- The guarantee structure shifts AI infrastructure obligations into contingent liabilities that investors cannot see in reported debt totals.
- The FT article sits behind a paywall, so the counterparties, guarantee terms, and named issuers are not disclosed in the available text.
Quotes
“Big Tech uses guarantees to keep $300bn of AI exposure off balance sheets”