InvestmentJun 10, 2026, 09:10 PM· United States
Amazon secures $17.5 billion loan facility amid AI-driven capex ramp
Summary
Amazon.com has secured a $17.5 billion loan from lenders including Citibank, as it ramps up spending on AI infrastructure. The funds will support expansion of data centers and AI chip procurement, reflecting the intense competition in AI among tech giants. CEO Andy Jassy previously indicated that 2024 capital expenditure would increase significantly, primarily for AI projects.
Why it matters
Amazon accelerates AI infrastructure buildout with a massive loan, highlighting its strategic investment and capital needs in artificial intelligence.
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Market reaction
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Amazon / AWS
NASDAQ · AMZN