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☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.ml · 28 days ago

Fresh off bond sale, Amazon borrows $17.5B from banks as AI spending continues

techcrunch.com

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Fresh off bond sale, Amazon borrows $17.5B from banks as AI spending continues

techcrunch.com

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.ml · 28 days ago
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Fresh off bond sale, Amazon borrows $17.5B from banks as AI spending continues | TechCrunch
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Companies are burning through exorbitant sums of money to keep pace in the AI arms race. Debt is climbing.
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