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Amazon is preparing to raise around $12 billion through a major corporate bond sale, its first issuance in US dollars in nearly three years, Bloomberg News reported on Monday.

The move comes as large technology companies step up borrowing to fund the rapidly expanding infrastructure required for artificial intelligence.

According to regulatory filings, the e-commerce and cloud computing giant has submitted plans for a six-part bond offering, though the exact size was not disclosed in the documents.

The fresh debt issue reflects a broader trend across the tech sector. As demand for AI computing power accelerates, companies are pouring tens of billions of dollars into data centres, chips and cloud networks—costs increasingly met through bond markets.

Bloomberg

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