They turned windows 10 into a subscription.

Nothing.

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.

…a company creates or partners with a separate legal entity — a special-purpose vehicle (SPV) — that borrows the money and owns the assets. The tech company signs long-term leases or capacity contracts but doesn’t record the SPV’s debt on its own books.

Put the two sentences together. Then realize it’s also a joke.

New low is going to become a common phrase for space x. Boldly going where no stock has gone before.

Early investors are still in their lock in period.