Quartz·1 min read·easy
Amazon is raising at least $25 billion in a new bond sale to fund AI infrastructure
✦AI Summary
Amazon is initiating a bond sale to raise at least $25 billion, with the primary objective of funding its expanding AI infrastructure. The company has indicated that this will be its only debt issuance for the year.
The offering could grow depending on investor demand, and Amazon says it won't issue more debt this year
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