this post was submitted on 23 Jul 2026
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Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debt (www.yahoo.com)
submitted 4 hours ago by sanitation@lemmy.today to c/technology@lemmy.world
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[–] moustachio@lemmy.world 6 points 2 hours ago (1 children)

They aren’t even public companies yet. They are not a part of everyone’s 401ks.

MS, AMZN, Oracle, & NVDA were around before this, and will exist even when the bubble pops. Literally zero reason for a bailout.

[–] Jaysyn@lemmy.world 8 points 2 hours ago (3 children)

There is a very good chance that Oracle doesn't survive if OpenAI tanks.

https://www.wheresyoured.at/how-openai-kills-oracle/

[–] cecilkorik@piefed.ca 3 points 1 hour ago

So you're telling me AI is going to bring positive change to the world?!

[–] DarkCloud@lemmy.world 10 points 2 hours ago* (last edited 2 hours ago)

I hope Larry Ellison has to sell off his media companies and still has a heart attack in the end. He funds Israel.

[–] moustachio@lemmy.world 2 points 1 hour ago

Okay? That still doesn’t mean they should receive a cent of bailout money. They’ve been declining for a while and that’s not the U.S. Taxpayer’s problem.