Aug 31, 2026 – 4.00pmE-commerce giant Amazon is expected to be the next hyperscaler to tap Australia’s debt market for billions of dollars in capital after Google owner Alphabet raised a record-breaking $5.5 billion earlier this month to help fund its artificial intelligence build out.Alphabet was the first of the US tech giants to launch a so-called kangaroo bond since Apple’s foray into the market in 2016, attracting more than 200 investors looking to get in on the deal that had one stage lured more than $20 billion worth of orders.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles