Amazon readies USD25 billion bond sale to fuel AI growth

Amazon plans to raise at least USD25 billion through a bond sale to help fund its expanding AI infrastructure investment. The eight-part offering, spanning fixed and floating-rate notes, attracted demand of about USD62 billion, according to reports. Amazon said proceeds will support general corporate purposes, including capital expenditure and debt repayment, as technology companies increase borrowing to finance AI expansion. (CNBC)