Amazon raising at least $25B in bond sale

CNBC's Kate Rooney reports Amazon is raising $25 billion in bonds to fund its AI data center buildout, following other big tech companies. Amazon faces negative free cash flow this year but has a history of heavy investing that later pays off. The growing reliance on borrowing has added to volatility in big tech names. - Amazon raising $25B in bond sale, partly for AI data centers. - Amazon will not issue more debt this year, per sources. - Bond issuance follows similar mega debt deals by Google, SpaceX, Oracle, Meta. - Amazon expected to see negative free cash flow this year. - Company has a history of cash depletion for big project investments that later pay off. - Growing reliance on borrowing adds volatility to big tech stocks.