Amazon Arranges Up to $80 Billion Supplier Financing Credit Line
Amazon arranged a supplier financing credit line of up to $80 billion as it prepares for infrastructure spending on AI initiatives.
Amazon.com Inc. (AMZN) has arranged up to $80 billion in supplier financing credit line as it prepares for aggressive infrastructure spending to power its artificial intelligence initiatives.The new credit structure gives the e-commerce and cloud provider additional financial flexibility while comm…