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Amazon raises $25bn in bonds to fund major AI data center expansion

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Amazon has completed a $25 billion bond sale to finance a large-scale expansion of its artificial intelligence infrastructure. CEO Andy Jassy has described AI as a rare, defining technological opportunity that the company does not want to miss. The funds will be directed toward significant capital expenditure on AI data centers in the coming years. The move signals Amazon's long-term strategic commitment to establishing a dominant position in the AI sector.

Read the full story at Times of India

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