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Amazon Inks $17.5 Billion Loan as AI Borrowing Frenzy Ramps Up

Deals Amazon Inks $17.5 Billion Loan as AI Borrowing Frenzy Ramps Up Soon after selling the biggest Canadian corporate bond sale on record, Amazon.com Inc. inked another multi-billion dollar financing as spending on artificial intelligence soars. A group of banks including Citigroup Inc. have agreed to make a $17.5 billion term loan available until the end of September, according to a filing on Wednesday. Every time the company borrows under the delayed draw loan, it has three years from the...

Bloomberg Markets 9h ago

Corning strikes another multibillion-dollar AI deal. What the new Amazon pact means for the stock

Corning stock surged Monday after the company inked a major data center deal with Amazon — the latest in a string of high-profile wins for the Club holding. Amazon said it will pay Corning billions of dollars for optical fiber in the coming years to support its growing data center footprint. The investment will allow Corning to expand production and create 1,000 new jobs at its North Carolina manufacturing facilities.

CNBC 2d ago

Digital Notebook Throwdown (2026): Kindle Scribe, ReMarkable Paper Pure

The final new Kindle Scribe, Amazon's e-reader that boasts digital notebook features and a larger screen, which was promised in 2025, has finally arrived. The Kindle Scribe Without Front Light ($430) was announced last year, but is available starting today. In the past, Amazon has launched a single version of the Kindle Scribe at a time.

Wired 10h ago

SwitchBot’s E Ink Weather Station is already 20 percent off

We’re only a few days since the SwitchBot Smart E Ink Weather Station launched, and you can already save $25 on the smart home gadget. Visit Amazon and clip the on-page coupon to bring the price down to $85 at checkout, or use coupon code APAP23 on the SwitchBot site. The 7.5-inch framed panel shows information like current date and time, sunrise and sunset, and current weather, as well as the forecast for up to six days — all on a contrasty E Ink screen.

The Verge 1d ago

Anthropic reportedly agrees to pay Google $200 billion for chips and cloud access

Anthropic reportedly agrees to pay Google $200 billion for chips and cloud access We learned earlier this month that Google and Anthropic had inked a deal that would grant the creator of the Claude AI models access to cloud servers and chips. Today, The Information reported that Anthropic has agreed to pay a staggering $200 billion to Google over the next five years. Contracts like this, or Anthropic's other recent multi-billion dollar arrangement with Amazon, now account for a ludicrous...

Engadget 36d ago

The best Kindle alternatives for those looking to ditch Amazon

The best Kindle alternatives for those looking to ditch Amazon No matter what your reason for wanting to get away from the tech giant is, there are many options available. Amazon is arguably king of the castle when it comes to ereaders. Its range of devices are beloved by millions, the Kindle Store is the most well-stocked ebook marketplace in the world, and subscription offerings like Kindle Unlimited keep the most hardcore bookworms busy all year.

Engadget 4d ago

Amazon Web Services, Microsoft and NVIDIA will provide AI tech to Pentagon

Amazon Web Services, Microsoft and NVIDIA will provide AI tech to Pentagon You can add Amazon Web Services, Microsoft and NVIDIA to the growing list of tech giants that have decided to give the US Defense Department access to their AI tools. According to Bloomberg, the three companies — alongside a forth, Reflection AI — have signed agreements granting the Pentagon use of their AI technologies "for lawful operational use" on classified military networks. "These agreements accelerate the...

Engadget 40d ago

Avian Visitors

Avian Visitors I was initally planning on leaving this as a ‘true’ personal project of sorts. I love a good project writeup of course, but frankly I thought this was too quick an afternoon project to warrant any more documentation than a tweet. Twitter thought otherwise … i mounted a tiny microphone on my apartment balcony to listen for any birds passing by and built a site to collage them as they're heard pic.twitter.com/85KrLRL5tu —

Hacker News 10d ago

Google to pay SpaceX $920M a month for compute capacity at xAI data centers

Days before a planned IPO that's expected to raise record sums of cash, SpaceX has inked a deal with Google that will bring in $920 million a month by providing AI compute capacity to the search giant. According to a regulatory filing on Friday, Google will use about 110,000 Nvidia graphics processing units, as well as central processors, memory and other components housed in SpaceX's data centers. The agreement spans from October of this year through June 2029 at the $920 million rate, and...

Hacker News 5d ago

How Trump supercharged the EU’s tech independence push

BRUSSELS — Donald Trump may have finally done what years of warnings from Paris and Brussels could not: Convince Europe’s free-market holdouts that relying on American technology is a vulnerability. With his threats toward Greenland, sanctions against international officials and willingness to weaponize Europe’s dependence on American firms, the U.S. president has broken down the final bits of resistance to a French-led push to promote European tech companies at the expense of American...

Politico EU 9d ago