Amazon Raises $15 Billion in First US Bond Sale in Three Years

Amazon.com Inc. raised $15 billion in its first US dollar bond offering in three years, adding to a spree of jumbo debt sales by technology firms as they race to fund artificial-intelligence infrastructure.

The proceeds of the deal — which topped initial estimates by $3 billion — will be used for everything from acquisitions and capital expenditures to share buybacks, according to people with knowledge of the matter.