Amazon sells billions in bonds to fund artificial intelligence projects

Amazon is raising tens of billions of dollars by selling bonds to investors. The company attracted about $126 billion in orders for its bond sale, which is expected to raise at least $37 billion and could reach $42 billion.

Amazon says it will use the money to fund its artificial intelligence goals. The company is also expanding its use of AI into new areas, including health care tools for patients and doctors and exploring ways to help other apps sell chatbot ads.