[Japanese Media: 'Hidden Debt' of America's Five Tech Giants Soars to $1.65 Trillion] According to a report by Jinse Finance, on July 21, a study by *Nikkei News* revealed that with the surge in artificial intelligence investments, the hidden debt of American tech giants has grown eightfold in just four years, estimated to reach $1.65 trillion. This figure surpasses their actual debt recorded on balance sheets, making it more challenging for investors to assess related risks. *Nikkei News* analyzed recent financial statements and other materials from Alphabet (Google's parent company), Microsoft, Amazon, Meta, and Oracle. Among them, Meta's off-balance-sheet debt is particularly high, approximately $420 billion, nearly three times its recorded debt.