Amazon.com Inc. filed regulatory documents on November 19, 2025, confirming its plan to raise $15 billion through a bond sale, its first major return to the U.S. debt markets since 2022. The proceeds are designated for capital-intensive projects, specifically to scale its Amazon Web Services (AWS) division and to further develop advanced artificial intelligence capabilities. This move aligns with a broader industry trend where major technology companies are issuing debt to finance the significant costs associated with AI and cloud infrastructure expansion. The offering is Amazon's largest since it raised $8.25 billion in November 2022. This capital raise underscores the company's commitment to maintaining its leadership position in these critical, high-growth technology sectors. Following the announcement, Amazon's stock saw a slight decrease, which some analysts attribute to investor caution regarding the company taking on higher leverage. However, the investment is viewed as a strategic necessity to support the increasing demand for enterprise cloud solutions and machine learning platforms.