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.

The ​size of Amazon’s offering could increase depending on investor demand, Bloomberg said, citing people familiar with the matter. Amazon ​did not immediately respond to a ⁠Reuters request ‌for comment.