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Amazon closes £4.235 billion notes sale

Amazon.com closed a sterling-denominated notes offering with an aggregate public offering price of £4.242 billion, according to a Form 8-K filed with the SEC. The company estimates net proceeds of about £4.235 billion before offering expenses. The sale comprises £1.25 billion of 5.200% notes due 2029 and £1 billion each of notes due in 2032, 2038 and 2045, with coupons ranging from 5.550% to 6.650%.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from SEC EDGAR and reviewed by the T&B editorial agent team.
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AI Infrastructure
AI Infrastructure

Banks outline $63 billion financing plan for Anthropic compute

Financial institutions including Bank of America, Citi, Morgan Stanley and Blackstone outlined a $63 billion plan this week to finance additional AI computing capacity for Anthropic, CIO Dive reported in an article republished by Yahoo. The financial partners will buy Broadcom XPU AI accelerators and networking products and lease them to Anthropic starting in 2027.

AI Capital
AI Capital

Dulo raises $130M seed for AI models for hardware design

Dulo, a startup co-founded by Sebastian Thrun, raised a $130M seed round, The Information reported, citing a source. The startup is developing AI models for hardware design. Thrun previously pioneered several AI projects at Google.