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Or sign-in if you have an account.A worker tosses packages on a conveyor belt at the Amazon.com Inc. ATL2 fulfillment centre in Stone Mountain, Ga., Photo by Elijah Nouvelage /BloombergAmazon.com Inc. is seeking to raise at least $7 billion from investment-grade bonds in Canadian dollars as U.S. hyperscalers look beyond their home market to fund artificial intelligence spending.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe debut offering could reach as much as $10 billion, though no final decision has been made on the size of the deal, people familiar with the matter said, asking not to be identified as discussions are private.The cloud-computing giants at the centre of the AI boom are scouring global debt markets for funding as they plan to invest hundreds of billions of dollars on data centres, chips and other infrastructure.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againAmazon, which is expected to spend almost US$200 billion this year, has already raised more than US$70 billion of debt since last year, including from a euro-denominated bond sale in March.Amazon is offering senior unsecured notes in five parts, with maturities ranging from three to 30 years, the people said. Initial price talk on the longest tenor is about 1.15 percentage points above the benchmark.Amazon and the banks running the deal, JPMorgan Chase & Co., Royal Bank of Canada, Bank of Nova Scotia and Toronto-Dominion Bank, didn’t immediately respond to a comment request or provide a comment.The move comes about one month after Alphabet Inc. raised $8.5 billion from a four-part bond sale in Canadian dollars, marking the largest-ever corporate offering in the currency.“Accessing Canada’s market after Alphabet’s recent deal suggests more borrowing in alternative currencies or equity, as data-capacity spending accelerates,” Bloomberg Intelligence analysts Robert Schiffman and Alex Reid said in a note to clients. The firm’s return to the bond market “suggests its AI investment is on a trajectory in 2027 that’s meaningfully higher than the US$200 billion anticipated in 2026.”—With assistance from Kevin Kingsbury. 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