Amazon is seeking to raise $12bn in its first US bond sale in three years, becoming the latest big tech group to turn to debt markets to fund a spending spree on artificial intelligence infrastructure.
The Seattle-based ecommerce and cloud computing giant launched the bond sale on Monday and is targeting approximately $12bn across about six investment-grade bonds, according to a person close to the deal.
Goldman Sachs, JPMorgan Chase and Morgan Stanley are managing the sale, according to regulatory filings.
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