AIThe Next Web2 days ago
Amazon borrows $17.5B, total debt tops $225B
1 min read
Amazon agreed to a $17.5 billion loan led by Citigroup, pushing total debt past $225 billion, up 50% from a year ago. The funds support a $200 billion AI capital expenditure plan and equity stakes in OpenAI and Anthropic. Q1 spending hit $43.2 billion, the highest among Big Tech.
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