Amazon.com Inc. secured a $17.5 billion term loan shortly after completing the largest Canadian corporate bond issuance on record. The financing adds to a string of multi‑billion dollar borrowings the retailer has tapped to fund its rapid expansion into AI spending services. The loan, syndicated by banks, has five‑year maturity.

Analysts note that Amazon’s borrowing spree mirrors a broader tech‑sector trend where firms raise capital to cover soaring AI‑related costs, from custom chip development to cloud‑based machine‑learning platforms. The loan’s size places it among the biggest corporate financings this year, signaling that investors remain eager to back firms betting heavily on next‑generation computing and infrastructure for investors and analysts.

With cash on hand bolstered by the new loan, Amazon can accelerate deployment of AI tools across its e‑commerce, logistics and AWS divisions without throttling growth. The financing also underscores how quickly capital markets respond to demand for AI funding, cementing Amazon’s position as a top borrower in the sector and keep its competitive edge globally today.