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dacon campbell

T3 · host / generalist

AI and finance reporter for The Information.

1 call·1 name·0% bull·last heard 2 months ago·The Information
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$GOOGLGoogle

Dacon Campbell warns Google's balance sheet understates AI lease guarantee risk

Dacon Campbell notes that Google's balance sheet shows a derivative liability of only $815 million against $44 billion in data center lease guarantees, suggesting the risk is understated at roughly 1.8% of exposure.

The Information2026-07episode →

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Google
MEDdacon campbell·The Information·2 months ago·Inside Claude Opus 5, Open-Source AI Regulation, Google’s Chip Financing Strategy
Dacon Campbell warns Google's balance sheet understates AI lease guarantee risk
Dacon Campbell notes that Google's balance sheet shows a derivative liability of only $815 million against $44 billion in data center lease guarantees, suggesting the risk is understated at roughly 1.8% of exposure.
">> So because they have represented it on the balance sheet as a derivative they basically look at this exposure. So right now it's 44. Just bring it back from 100. Right now it's…"
25:52
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