Tag: hyperscalers
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Big Tech’s $1.09 Trillion in Data-Center Leases Sits Off the Balance Sheet
Key Takeaways Five hyperscalers have signed ~$1.09 trillion in data-center leases not yet started. That is ~4x the $285 billion of lease debt already on their books. A lease is not booked as debt until the building is ready to…
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AI Chip Depreciation: Amazon Cut Its Estimate, Meta Raised Its Own
Key Takeaways Hyperscalers depreciate AI servers over 5 to 6 years; critics say the real life is 2 to 3. Effective 2025, Amazon cut its server-life estimate to five years; Meta raised its own to 5.5. Michael Burry estimates the…