New Delhi, Nov. 2 -- The combined debt of the seven largest US technology companies, widely known as the Magnificent Seven, has increased nearly 45 per cent to USD 578 billion by mid-2026, raising concerns over the financial risks linked to the rapid expansion of artificial intelligence infrastructure, according to a report by SBI Research.

The Magnificent Seven comprises Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. The report said their combined debt, which stood at around USD 399 billion in 2025, is now nearly 1.7 times its 2023 level.

It also flagged substantial off-balance-sheet commitments, including obligations related to purchases and investments, as companies continue to expand their AI infrastructure.

"Higher bo...