Amazon Is Borrowing Another $25 Billion for AI, and Promises This Is the Last Time This Year
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Amazon is borrowing $25 billion for artificial intelligence purposes. The move has reportedly led to a sell-off in AI-related debt and raised questions about the company's decision to take on debt despite having a significant amount of cash on hand. The bond sale has also sparked concerns about the broader AI boom and its potential impact on the bond market.
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