Amazon Raises $25 Billion in Bond Sale for AI Data Center Expansion
Amazon has successfully raised $25 billion through a bond sale, with CEO Andy Jassy confirming the funds are earmarked for a significant expansion of the company's AI data centers, committing $200 billion in capital expenditure for 2026.
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Amazon CEO Andy Jassy Just Sold $25 Billion in Bonds to Finance the Company's AI Data Center Build-Out. Amazon Has Committed $200 Billion in Capex for 2026.
Read full article →Amazon sells $25 bn in bonds for what CEO calls 'once in a lifetime opportunity'
Amazon has raised twenty-five billion dollars through a bond sale. This funding supports significant expansion of the company's AI data centers. CEO Andy Jassy views artificial intelligence as a major opportunity. Amazon plans substantial capital expenditure for AI infrastructure in upcoming years. This investment reflects a strategy to avoid missing a key technological shift.
By TOI TECH DESK
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