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.

German company Neura Robotics has raised a round of up to $1.4 billion, the company said on Wednesday. U.S. tech giants including Tether, Qualcomm, Amazon and Nvidia all participated in the round.

Businesses of all sizes can now use Amazon's less-than-truckload (LTL) service to move freight into their own warehouses, between their own facilities, and to their retail partners and distributors.