(Reuters) -Amazon plans to raise about $12 billion in corporate bonds, its first such deal in U.S. dollars in about three years, Bloomberg News reported on Monday, as big tech firms increase investments to build infrastructure for artificial intelligence. The e-commerce giant filed for a six-part bond sale earlier in the day without disclosing a size, a regulatory filing showed. The company declined to provide further details on the bond sale when responding to a Reuters request. As artificial intelligence workloads grow, big technology firms are turning to large-scale debt sales to fund infrastructure expansions that cost tens of billions of dollars. Initial price discussions for the longest portion of the deal, a 40-year bond, are for a premium of about 1.15 percentage points above Treas
Amazon seeks to raise $12 billion from US bond sale, Bloomberg News reports
The Daily Guardian6 hrs ago
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