Amazon is raising at least $25 billion through a U.S. dollar bond sale. Strong investor demand may increase the final offering size.
The sale features eight tranches with maturities ranging from three to 40 years. Pricing is expected to occur on Tuesday.
Amazon will use the proceeds to fund escalating investments in artificial intelligence infrastructure. The capital will specifically support the development of data centers and computing power.
This fundraising aligns with a broader trend of major technology companies tapping debt markets to finance the capital-intensive AI race.