Amazon sets up facility to borrow up to $80B for AI buildout, loans secured against hardware

Amazon set up a new facility to borrow up to $80 billion for its AI buildout, with loans secured against hardware Amazon buys. Amazon can tap the loans from the start of 2027 through Q3 2028, after having mostly paid for data centers and chips with its own cash and record bond issuance.

Detected & updated continuously · Source: Nebula