TECH NEWS
Amazon takes on $17.5 billion in new debt as AI spending pushes total borrowing past $225 billion
TL;DR Amazon agreed to a $17.5B loan led by Citigroup. Total debt is now over $225B, up 50% in a year. The money funds a $200B AI capex plan and equity stakes. Amazon has agreed to a $17.5 billion delayed-draw term loan led by Citigroup, the latest