Fresh off bond sale, Amazon borrows $17.5 billion from banks as AI spending continues

· TechCrunch AI ·

Amazon secured a $17.5 billion bank loan to fund rising AI infrastructure spending, underscoring the scale of hyperscaler capex.

Categories: Money & Moves

Excerpt

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.