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Amazon.com Inc. AMZN has taken on $17.5 billion in new debt to fund its AI build-out, a striking move for a company that long ran on cash flow rather than borrowing. The delayed-draw term loan came ...
Companies are burning through exorbitant sums of money to keep pace in the AI arms race. Debt is climbing. Amidst this flurry of activity, Amazon has signed a deal to borrow some $17.5 billion from a ...