Capex
AI’s Debt Problem: How the Labs Hide a Staggering Bill
The AI Prism Admin
AI labs are routing hundreds of billions in debt through SPVs and leases, hiding a $1.65T liability that never reaches the balance sheet.
The AI Debt Binge: $1.65T of Hidden Borrowing and a Demand Bubble
The AI Prism Admin
Everyone is counting the AI revenue. Almost no one is counting the $1.65T of hidden borrowing financing the buildout — or what happens when the demand turns out to be circular.
After the AI Crash: What Survives When the Bubble Bursts
The AI Prism Admin
The AI investment bubble is deflating in plain sight: $1 trillion wiped from Big Tech in a single week, GPU rental prices down 75%, and bond markets repricing hyperscaler debt. We break down which AI companies are genuinely overvalued, which have real revenue, and what actually survives when the correction finishes its work.
