Amazon eyes $25 billion bond sale to boost AI initiatives

Amazon plans to raise at least $25 billion through a bond sale to finance its artificial intelligence development.
  • Amazon is returning to the US bond market to raise at least $25 billion for its AI infrastructure.
  • The bond sale will consist of up to eight tranches with maturities ranging from three to 40 years.
  • Initial pricing for the longest tranche, maturing in 2066, is set at a premium of 1.45 percentage points above Treasuries.

[via]

Subscribe to NBW newsletter






more AI news

Discover more from NextBigWhat

Subscribe now to keep reading and get access to the full archive.

Continue reading