Amazon.com Inc. secured a $17.5 billion loan from a bank syndicate led by Citigroup. The company disclosed the financing in a regulatory filing on June 10, 2026. Amazon will use the capital to expand its artificial intelligence and cloud computing infrastructure.
The deal reflects a broader trend of major technology companies borrowing for AI-related capital expenditures. The financing operates as a delayed-draw term loan available through September 2026. Amazon must repay each borrowed amount within three years of the withdrawal date. This move bolsters cash reserves as the company invests billions in data centers and computing capabilities to maintain its competitive edge in the AI race.