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Amazon borrows $17.5B from banks for AI spending

Amazon borrows $17.5B from banks for AI spendingTechCrunch

Amazon signed a $17.5 billion delayed draw term loan from banks including Citigroup and JPMorgan. This follows a $14 billion Canadian bond sale, bringing total new financing to $31.5 billion in 48 hours for AI infrastructure.

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Jun 10, 8:19 PM
Amazon borrows $17.5B from banks for AI spending — AIBriefs