Wedoany.com Report-Nov. 18, Amazon filed with the U.S. Securities and Exchange Commission on Monday to raise $15 billion through its first U.S. dollar bond issuance in three years. The offering comes as major technology companies increase investment in artificial intelligence infrastructure. According to the filing, Amazon’s plan includes a six-part bond sale, and the proceeds may be applied to acquisitions, capital expenditures, debt repayments, and share repurchases. Bloomberg News reported that demand reached about $80 billion at the peak of the sale process.
Amazon logo is seen in this illustration created on February 11, 2025.
During pricing discussions, the spread for the 40-year tranche narrowed to 0.85 percentage point above U.S. Treasuries, compared with the initial level of 1.15 percentage points. This adjustment reflected strong interest from investors. The development follows similar financing actions across the technology sector as companies seek additional capital for large-scale infrastructure projects connected to expanding AI workloads.
In the previous month, Meta Platforms announced a bond sale of up to $30 billion, its largest issuance so far. Oracle is also reportedly considering raising around $15 billion through bond markets. Analysts at Morgan Stanley estimate that major technology firms, including Meta, Amazon, and Alphabet, are expected to allocate approximately $400 billion to AI-related infrastructure this year. This reflects the rising demand for computing capacity, data center expansion, and the equipment required to support AI applications.
Amazon has significantly increased its AI investment plans. Its capital expenditure is expected to reach about $125 billion this year, with further growth anticipated next year. The company recently announced a $38 billion agreement with OpenAI, a move described as providing substantial support to Amazon’s cloud business. This development comes as the company works to strengthen the competitiveness of its cloud services among industry leaders such as Microsoft and Google.
On Monday, U.S. stock markets declined. The Dow Jones Industrial Average fell more than one percent, while the S&P 500 Index and the Nasdaq Composite Index each slipped by just under one percent. Market participants monitored corporate financing activities, economic data, and movements in Treasury yields as they assessed broader financial conditions.
Overall, Amazon’s bond issuance highlights a continued trend among large technology companies using capital markets to support infrastructure expansion. Rising demand for AI-related capacity has driven substantial increases in investment, prompting companies to look for long-term funding to meet future development needs. The actions by Meta, Oracle, and Amazon reflect a broader shift in capital allocation strategies centered on technology infrastructure growth across the sector.









