Amazon is set to raise $15 billion from its first U.S. dollar bond offering in three years to fund AI infrastructure investments, joining other tech giants in massive debt sales to support expansion. The bond sale attracted $80 billion in demand, with pricing discussions tightening to 0.85 percentage point above Treasuries for the longest 40-year bond. Meta Platforms and Oracle are also eyeing significant bond sales, while major tech firms are expected to spend $400 billion on AI infrastructure this year. Amazon’s increased focus on AI is evident in its capital expenditure, which is projected to reach $125 billion this year, with a recent $38 billion deal with OpenAI boosting its cloud unit.

Read more at Yahoo Finance: Amazon to raise $15 billion in first US bond sale in three years to fund AI push