Citigroup, JPMorgan Chase, Wells Fargo, HSBC, and Bank of America team up—this loan lineup is even more luxurious than the Avengers. The delayed withdrawal design is also quite clever—funds are in place first, then accessed as needed, after all, the billing cycles for data centers and chip procurement are not paid in a single installment.

CoinWorld News reports that Amazon has signed agreements to borrow $17.5 billion from multiple financial institutions to cope with the high capital expenditures brought by generative AI. This round of financing is led jointly by Citigroup, JPMorgan Chase, Wells Fargo, HSBC, and Bank of America Securities. The loan agreement adopts a delayed draw term loan structure, allowing Amazon to gradually draw funds according to its own schedule rather than a lump sum, providing flexibility for subsequent capital deployment. Just two days ago, Amazon completed a C$14B bond issuance. These two financing actions have raised nearly $27.5 billion in total within 48 hours. Although officials claim the funds will be used for general corporate purposes, as costs for AI infrastructure such as chips and data centers continue to rise, tech giants are heavily raising funds through credit and bond markets.