Amazon Raises $12 Billion in First U.S. Bond Sale in Three Years

Amazon has sold $12 billion in bonds to global investors. This marks the e-commerce giant's first U.S. debt sale since 2021. The company plans to use the funds for general business needs. This includes significant spending on artificial intelligence (AI) infrastructure, which requires expensive data centers and powerful computer chips. Amazon joins other major technology firms that have recently turned to the bond market. This trend, often called a "Big Tech bond rush," helps these companies fund massive investments in new AI technologies.