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How Tech’s Biggest Companies Are Offloading the Risks of the AI Boom

SEATTLE — This fall, Microsoft announced a series of deals, totaling tens of billions, to lease computer power for its artificial intelligence ambitions. Meta secured almost $30 billion in financing to build a massive data center in Louisiana without taking on the debt itself. Google also committed to rent computing power from a small company and then sell some of it to OpenAI.

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The Straits Times broke the news in Singapore on Tuesday, December 16, 2025.
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