Democratic senators, led by Elizabeth Warren, are investigating major tech firms like Google and Amazon for secretive utility deals that shift data centers' massive energy costs onto consumers, causing rising electricity bills. The probe demands transparency on consumption and rate impacts, with responses due by January 10, 2026.
Tech giants like Meta and Microsoft shift AI data center risks to startups and lenders via clever leases and SPVs, sparking debt bubble fears amid $1T capex surge. Smaller firms borrow billions on shaky contracts, echoing 2008 warnings.
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