Five companies owe more money than their balance sheets admit. A Nikkei analysis of financial footnotes at Alphabet, Microsoft, Amazon, Meta, and Oracle found $1.65 trillion in off-balance-sheet obligations tied to AI infrastructure — binding, must-pay commitments parked in the fine print

Good thing I don’t invest in these big names, not only because of overvaluation but also because of corruption. My mom told me to be careful with investing because companies go bankrupt but i kinda dismissed her concerns because I am thinking that the days of Enron accounting magic is over. But it looks like it’s still alive and well. Although I doubt executives will be held accountable.

Any idea when the Chinese RAMs are going to flood enough of the market to lower the price?

As is should be.

I actually like using AI in my workplace to rid the need for tedious data entry. But i realised that if I told people about it, the management might see that they may not need me anymore so i won’t teach anyone how to efficiently use AI.