Amazon took on $15 billion of debt from the sale of bonds, as it accelerates investments in infrastructure associated with Artificial Intelligence (AI).
The North American company is one of the most valuable among those publicly traded. On Monday, it launched bonds on the market and demand reached 80 billion dollars, so the technology company chose to raise 15 billion.
This is the first time that Amazon has carried out an operation like this in the last three years. This comes at a time when this and other technologies are investing heavily in the development of AI. In this case, the amount raised can be used in a series of possibilities, from paying debts to repurchasing own shares.
The value appears in a document submitted to the Securities and Exchange Commission (SEC), the entity that regulates this matter in the United States of America. Furthermore, it follows the line of practice of companies in the sector, at a time when Amazon is expected to invest around 125 billion dollars in AI in 2025, according to Morgan Stanley estimates.
Together with Meta (owner of Facebook, Instagram and Whatsapp) and Alphabet (owner of Google), investments in this area are expected to reach 400 billion dollars in 2025.
In this sense, Meta went to the market at the end of last month to take on 30 billion dollars of debt.