Archive · Business Recorder
Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports
Amazon is seeking to offload about $8 billion of advanced Nvidia chips to investors through a new vehicle to strengthen its balance sheet, the Financial Times reported on Friday, citing people familiar with the matter. In recent weeks, Amazon has held talks with investors to gauge interest in the deal that would move thousands of Grace Blackwell chips it is installing in US data centres into a special-purpose vehicle, the report said. The cloud giant will then lease the advanced AI chips back from the SPV, which would tap outside investors through debt issuance, the FT said, adding that the co...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →