Amazon's e-commerce and cloud businesses have been generating growth for years. In recent times, the AI boom has offered revenue a significant boost.

The German robotics company said the funding aims to scale production to several million robots by 2030.

Companies are burning through exorbitant sums of money to keep pace in the AI arms race. Debt is climbing.

Amazon has entered into a term loan agreement with Citibank and more than a dozen other banks that provides the company with a $17.5 billion senior unsecured delayed draw term loan credit facility (DDTL Facility). The banks' commitments to provide the credit facility will expire on Sept.

Pinterest is tying Amazon storefronts to its app, making it easier for creators to earn from product recommendations.

Amazon (AMZN) secured a $17.5 billion senior unsecured delayed draw term loan facility with Citigroup (C). Lenders also include JPMorgan Chase (JPM), BofA Secur

The tech giant has now raised over $80 billion in external financing this year alone, with no signs of slowing down.

Wall Street has never met an acronym it didn't like. FAANG gave way to the Magnificent 7, and now a fresh label is making the rounds among investors trying to capture the next leg of the artificial intelligence (AI) trade.

Shares of major less-than-truckload (LTL) transportation companies fell on Wednesday. The decline came after Amazon unveiled a broader expansion of its freight business, raising concerns that the e-commerce giant could become a stronger competitor in the freight and logistics market.

AWS revenue growth accelerated to its fastest pace in about four years last quarter. Amazon plans to spend about $200 billion on capital expenditures in 2026.