Amazon's quarterly report records a $21.3 billion OpenAI investment in the third quarter and a loan facility of up to about $80 billion

Amazon's Form 10-Q for the quarter ended 30 September 2026 is listed on the SEC index with a filing date of 30 October 2026 and an accepted time of 29 October 2026 at 18:20:46. The index does not name a time zone.

The report says that in the first quarter of 2026 Amazon invested $15.0 billion in Series C preferred stock of OpenAI and agreed to purchase further shares with an aggregate purchase price of $35.0 billion. It says that in the second quarter Amazon invested $13.7 billion of that commitment, and that in the third quarter it invested the remaining $21.3 billion. It says the $50.0 billion investment in that Series C preferred stock is recorded on the balance sheet as of 30 September 2026. A later note says that during the nine months ended 30 September 2026 Amazon invested $50.0 billion in OpenAI's Series C preferred stock, including $21.3 billion invested in the third quarter of 2026. The report says that if OpenAI completes an initial public offering or other liquidity event, the Series C preferred stock would convert to common stock, and that Amazon expects a customary lock-up.

The same report says Amazon enters into supplier financing arrangements for certain purchases of technology infrastructure assets, including a secured loan facility. It says the facility provides for borrowings at Amazon's discretion, from the first quarter of 2027 through the third quarter of 2028, subject to variability based on the extent and timing of purchase orders and pricing terms, of up to approximately $80.0 billion. It says the borrowings accrue interest at variable rates and mature five years from the date of each borrowing, and that Amazon will grant a security interest in certain purchased assets. It does not say how much has been drawn.

What it means for business: the $21.3 billion figure is the portion of an existing commitment that the report says was invested in the third quarter, not a new round announced on the filing date. The $50.0 billion figure is the amount the report says is recorded for that Series C stock as of 30 September 2026. The loan facility is a ceiling of up to approximately $80.0 billion for technology infrastructure purchases. The report does not call that facility an AI-chip programme, and it does not say the full amount will be borrowed. This describes the quarterly report. It is not advice on the securities.