Financial Times
The Financial Times is a leading international daily newspaper based in London, focused on business and economic news. Founded in 1888, it is recognized for its distinctive salmon-pink paper and provides deep analysis of global markets, politics, and corporate affairs for a worldwide audience.
How Financial Times is leading on 21 September 2026
Big Tech banks on guarantees to keep $300bn AI exposure off balance sheet
Credit strength eases Wall St fears • Cheap funding for data build-out • Concern at added layer of risk
The story focuses on the financial engineering and accounting mechanisms used by technology firms to manage the high costs of artificial intelligence infrastructure. It highlights the tension between market confidence and the potential risks of off-balance-sheet liabilities.
Editorial stance: Analytical focus on market risk. What they emphasise: The technical financial structures and the specific dollar amounts of corporate exposure..
Distinctive on this page: The prominence given to complex accounting practices (off-balance-sheet guarantees) as the primary headline.
If you only read this paper today: A reader would conclude that while geopolitical conflict is intensifying, the most significant systemic risks lie in the financial management of the global technology boom.

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