Amazon raised £4.25 billion through its first bond issuance in the British currency, for investments in artificial intelligence

Amazon raised £4.25 billion on Wednesday, equivalent to approximately $5.76 billion, through its first bond issuance in the British currency. The amount slightly exceeds the initial estimate, as the company consolidates its financing for massive investments in artificial intelligence.

The transaction marks Amazon’s entry into the pound-denominated bond market and is part of a strategy by major technology companies to diversify their sources of capital. The funds raised could support infrastructure projects, data centers and the development of artificial intelligence-based services.

The issuance comes amid rapidly rising financing needs in the technology sector. Companies are investing increasingly in chips, servers and energy facilities to meet demand for artificial intelligence solutions, while access to different currency markets allows them to manage their financing costs and risks more flexibly.

The transaction also reflects investors’ interest in bonds issued by technology companies with strong financial positions. Amazon did not provide, in the cited information, additional details about the securities’ maturity and interest rate.