Amazon has arranged a credit line of up to $80 billion to fund aggressive infrastructure spending for its AI initiatives, including data centers and advanced hardware. A quarterly filing disclosed Thursday shows Amazon can borrow against purchased hardware at its discretion, with the facility running from the start of 2027 through the third quarter of 2028 and lenders holding collateral rights over assets not yet identified. AWS CEO Matt Garman said the company wants to responsibly fund the opportunity so it can serve customers as fully as possible. Free cash outflow reached $42.4 billion over the 12 months ending Sept. 30, after higher-than-expected third-quarter capital expenditures, while total future financial commitments hit $883 billion, up 36% from the prior quarter. AMZN eased about 2% on Friday and is set to end its third straight weekly decline, though it is up about 3% year to date.
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AMZN
▼ Likely negativeAmazon
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/29/2026 | 244.23 |
| Change that session | -4.07% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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