Amazon.com Inc. plans to raise at least $25 billion through an eight-part U.S. dollar bond sale. The offering includes both floating and fixed-rate notes, with the final amount potentially increasing based on investor demand.
Proceeds will fund the company's infrastructure investments in artificial intelligence and cloud computing. This move reflects a broader trend of major technology firms using debt markets to finance high AI development costs.
Separately, Amazon filed a WARN notice for the permanent layoff of 57 employees in Seattle and Bellevue. These job cuts are effective August 3, 2026.
In Brazil, an executive reported that new fresh food offerings have accelerated demand for the company's 15-minute delivery service.