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People work inside the Microsoft data center campus' Graphical Processing Unit, currently under construction, after Microsoft's Vice Chair and President Brad Smith announced a plan to spend $4 billion on an additional artificial intelligence data center, in Mount Pleasant, Wisconsin, U.S., September 18, 2025. REUTERS/Audrey Richardson/File Photo
Aug 4, 2026

AI data center race builds $1 trillion lease burden for Big Tech

Microsoft, Meta, Oracle, Amazon and Alphabet have committed $1.09 trillion in future data centre leases to support ai growth, revealing large unrecognized liabilities.

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