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The Economic Times
The Economic Times

Amazon aims to raise $25 billion from bond sale, Bloomberg News reports

Amazon. com is looking to raise at least $25 billion ​through a U.S. dollar ​bond sale, Bloomberg News reported on Tuesday, ​in the company's latest push to fund its hefty AI investments.

Tech companies have been tapping debt markets and launching equity sales to ‌fund their ⁠costly ⁠AI infrastructure build-out. Big Tech, including Amazon, Alphabet, Microsoft and Meta, ​are expected to spend more than $700 billion on AI this year.

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