Amazon (AMZN.US) continues to fund AI spending: establishes a hardware-backed financing arrangement of up to $80 billion, total spending commitments rise to $883 billion

Zhitong Finance APP has learned that Amazon.com, Inc. (AMZN.US) has established a supplier financing arrangement under which it can borrow up to $80 billion based on the value of hardware purchased. This is the company's latest move to maintain financial flexibility as it invests hundreds of billions of dollars in artificial intelligence infrastructure.