Monday, August 17, 2026

Analysis: nine top tech companies including Alphabet and Meta had ~$3T of AI-related off-balance-sheet commitments, far exceeding their $600B in reported capex (Wall Street Journal)

Wall Street Journal:
Analysis: nine top tech companies including Alphabet and Meta had ~$3T of AI-related off-balance-sheet commitments, far exceeding their $600B in reported capex  —  Massive spending commitments for data-center leases and chips aren't shown on companies' balance sheets



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EU Commission President Ursula von der Leyen calls AI "the second tipping point of our times", alongside climate change, and says its risks must be "addressed" (Financial Times)

Financial Times : EU Commission President Ursula von der Leyen calls AI “the second tipping point of our times”, alongside climate change...