Amazon's Debt: A Reflection of Silicon Valley's Faustian Bargain Amazon's debt has nearly doubled to $129 billion in just six months, reflecting the dark underbelly of Silicon Valley's growth at all costs mentality.
As CEO Andy Jassy defends the company's $220 billion data center spending spree, it's clear that Amazon prioritizes short term gains over long term fiscal responsibility.
Jassy's comment about data centers generating revenue two years after they're spent seems like an attempt to deflect attention from Amazon's insatiable appetite for capital.