> Meta alone has amassed around $420 billion in off-balance-sheet debt, according to Nikkei,
Isn't this an existential type of bet?
> Meta alone has amassed around $420 billion in off-balance-sheet debt, according to Nikkei,
Isn't this an existential type of bet?
I hope so
yes and no. With 82 billion in cash and 22billion profit per year, they can easily service it for a while even if AI consumption takes a downturn.
That's their quarterly profit.
Absolutely disgusting.jpg