Amazon entered into a $17.5 billion senior unsecured delayed-draw term loan, adding flexible borrowing capacity as the company ramps capital expenditures tied to AI and data center buildouts.
Amazon.com Inc. AMZN has taken on $17.5 billion in new debt to fund its AI build-out, a striking move for a company that long ran on cash flow rather than borrowing. The delayed-draw term loan came ...
As AI spending continues to climb, the e-commerce giant has taken out a fresh $17.5 billion loan from a small coterie of banks.
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