TechHighReportedBuilding
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Amazon to sell $8bn Nvidia chips to investors to shore up balance sheet
Financial Times·US·2 days ago
Amazon plans to transfer Nvidia chips worth ~$8B to a special purpose vehicle (SPV) to attract external investors, per FT sources. This marks a novel financialization of AI compute assets, potentially easing Amazon's capital burden while expanding AI infrastructure funding. Details on structure and investor interest remain unconfirmed.