Amazon.com Inc. is preparing to raise at least $25 billion through a U.S. dollar bond offering, marking one of the largest corporate debt issuances in recent memory.
The move signals the e-commerce and cloud computing giant's aggressive push to finance its expanding artificial intelligence infrastructure.
Bloomberg News reported the details of the planned sale on Tuesday.
The sheer size of the offering highlights the intensifying capital expenditure race among major technology firms as they compete to build out data centers and AI capabilities.
For fixed-income markets, an issuance of this magnitude represents a significant supply event that could influence corporate bond spreads and liquidity conditions.
The bond sale comes as Amazon continues to invest heavily in AI, a theme that has dominated earnings discussions for big tech firms.