Amazon to raise $15 billion from US bond sale, Bloomberg News reports
Business
Amazon is set to raise $15 billion from its first U.S. dollar bond offering in three years, Bloomberg News reported on Monday, as big tech firms increase investments to build infrastructure for artificial intelligence. The proceeds topped initial estimates of $12 billion, the report said. As artificial intelligence workloads grow, big technology firms are turning to large-scale debt sales to fund infrastructure expansions that cost tens of billions of dollars. At the peak, the bond attracted
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