Amazon Lines Up $80B Secured Supplier Loan Facility to Fund AI Hardware Through 2028

Amazon disclosed in its Oct 30 quarterly filing a secured loan facility of up to ~$80B against technology-infrastructure assets, with a drawdown window from Q1 2027 through Q3 2028. The facility is designed to help fund Amazon's AI capex, which stays at ~$220B for 2026 and is expected to rise meaningfully in 2027; trailing-12-month free cash flow sits at negative $42.4B. AWS CEO Matt Garman framed it as 'responsibly funding' AI investments through creative financing Amazon had previously avoided.