Amazon establishes a new method to borrow up to $80 billion for the construction of AI
2026-10-31 02:58:24
According to CoinMeta, Amazon ($AMZN) has established a new method that allows it to borrow up to $80 billion for its artificial intelligence initiatives, with these loans secured by hardware purchased by Amazon. Amazon can utilize these loans from the beginning of 2027 until the third quarter of 2028. Previously, Amazon mainly relied on its own funds and record-breaking bond sales to cover the costs of data centers and chips.
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