Amazon Has Already Raised More Than $60 Billion In Bond Sales This Year. It Is Now Seeking To Raise Tens More
Amazon is planning to raise $25 billion in a new bond sale, according to a new report.
Citing people familiar with the matter, CNBC noted that the goal of the eight-part sale is to continue building its AI infrastructure.
The outlet noted that Amazon had already raised about $54 billion in bonds in the U.S. and Europe, and an additional $10 billion in Canada. This sale is set to be the last of the year.
“We regularly evaluate our operating plan and make financing decisions, like issuing bonds, accordingly,” a spokesperson told CNBC. The company projected that its capital expenditures will reach $200 billion this year, about 50% more than the year prior. Most of it is going toward data centers and chips. CEO Andy Jassy has told investors that AI is a “once-in-a-lifetime opportunity” that needs large investments.
CNBC also noted that large tech companies like Nvidia, Oracle, Alphabet and Meta also announced debt raises and stock issuances in the past months.
Nvidia also raised some $25 billion in its first corporate bond sale in five years in June. The proceeds will be used for general corporate purposes, including the repayment and refinancing of existing debt.
The company’s graphics processing units, or GPUs, have become essential infrastructure for training and operating advanced artificial intelligence models developed by companies ranging from OpenAI and Anthropic to Microsoft, Meta, and Alphabet.
The company has been accelerating its own investments to maintain its technological lead. NVIDIA now introduces a new family of AI chips annually, requiring increasingly large expenditures. Reuters noted that the company is tapping debt markets to help fund the substantial capital requirements associated with producing cutting-edge AI processors.
NVIDIA’s financial position remains exceptionally strong. The company held $13.24 billion in cash and cash equivalents as of the quarter ended April 2026, according to Reuters. Earlier this year, NVIDIA reported quarterly revenue of $81.6 billion, an 85% increase from the same period a year earlier, while cash generated from operations jumped 147% to $53.5 billion.
Meta previously filed for a bond offering worth as much as $30 billion, while Alphabet recently launched its first Japanese yen-denominated bond sale. Amazon, Oracle and Salesforce have also pursued large debt financings to support AI and cloud-computing expansion plans.
