AI's Coming Trillion-Dollar Hangover: Amazon Leads Hyperscalers Back to the Debt Well

Amazon seeks at least $52bn through bond sale

The sale is the latest in a series of jumbo note offerings by hyperscalers as they plan to invest hundreds of billions of dollars in AI infrastructure.

AI's Coming Trillion-Dollar Hangover: Amazon Leads Hyperscalers Back to the Debt Well

Quick Read Amazon (AMZN) is raising $37B-$42B in bonds after a $15B November sale, holding $65.6B total debt, with $200B capex guidance and $140B 2025 cash flow. Oracle plans $40B-$50B capex. Meta, Microsoft, Applied Digital, Coreweave. Amazon shifted from internal funding to debt financing as AI infrastructure costs exploded, with hyperscalers facing $2T in capex and $1T in new debt through 2028. Finally! You can open a SoFi Crypto account a…

Amazon returns to debt market with jumbo bond sale

The company last month said it would invest about $200 billion in data centres, chips and other equipment in 2026