In Brief

Posted:

1:19 PM PDT · June 10, 2026

Image Credits:Matthias Balk/picture alliance / Getty Images

Companies are burning through exorbitant sums of money to keep pace in the AI arms race. Debt is climbing. Amidst this flurry of activity, Amazon has signed a deal to borrow some $17.5 billion from a number of financial lenders, according to Bloomberg.