An analysis by The Wall Street Journal indicates that nine technology companies, including Google, Microsoft, Meta, Amazon, Oracle, NVIDIA, Broadcom, AMD, and SpaceX, have accumulated up to $3 trillion in off-balance-sheet AI-related obligations through purchase commitments and leases that have not yet begun. This figure is three times the total leases and long-term borrowings currently reported on these companies' balance sheets, and nearly double the $1.65 trillion estimated in July. Among them, Google's purchase commitments and contractual obligations reached $811 billion as of June 30, an increase of 152% in three months. The analysis emphasizes that this is not accounting fraud but rather a practice allowed by existing accounting rules, though it could lead investors to underestimate the true leverage and the potential impact of future depreciation on profit margins.