Amazon Plans to Offload $8 Billion in Nvidia AI Chips to Investors, Lease Them Back
Amazon has found a buyer for the most expensive hardware problem in tech. The company is seeking to offload about $8 billion of advanced Nvidia chips to investors through a special-purpose vehicle, then lease the chips back for its own data centers, the Financial Times reported Friday. The proposal, which Reuters also reported, would move thousands of Grace Blackwell chips — installed in more than a dozen US data centers across five states — into a vehicle backed by outside money. Amazon would then pay rent on hardware it currently owns outright. ...