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Wednesday, 28 October 2026Updated 28 Oct 2026, 01:31 UTC
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Funding

Amazon reportedly secures $17.5 billion in bank financing as AI infrastructure spending rises

TechCrunch reports that Amazon has borrowed $17.5 billion from banks shortly after a bond sale, framing the financing as part of the company’s continued heavy spending on AI-related infrastructure. The article presents the borrowing as a large-scale capital move tied to funding datacenters, chips, and other investment needed to compete in AI.