- Amazon.com, Inc. is seeking to raise about $12 billion through a debt offering, its first such deal in US dollars in about three years.
- The company is selling investment-grade bonds in as many as six parts, with proceeds that may be used for acquisitions, capital expenditures, and share buybacks.
- Amazon's capital expenditures rose 61% to $34.2 billion in the third quarter as the company invests heavily in data centers and chips to build and run AI models.
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21 sats \ 0 replies \ @Solomonsatoshi 12h
The last desperate attempt by the dying US military industrial banking combine to stay ahead of China.
Its doomed before it begins.
USA does not have the electricity generation capacity to power its planned AI data centres.
China generates electricity at less than half the cost and builds new nuclear plants at 1/6th the cost.
USA has taken decades to build one new nuclear generator- while China has and is building dozens.
USA financialised itself into insolvency.
The wealth of nations and significantly influenced by the quality of their governments.
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0 sats \ 0 replies \ @rootmachine 11h
Oh wow. this is huge.
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