AIPYMNTS2 days ago
Amazon Secures $17.5 Billion Credit Facility Amid AI Infrastructure Race
3 min read
Amazon secured a $17.5 billion senior unsecured delayed draw term loan credit facility from Citibank and over a dozen other banks. The funds will support general corporate purposes including AI investments. Amazon plans to spend about $200 billion on AI infrastructure and other capital expenditures this year.
Level
Hype check
Tap to vote and see what everyone thinks.
