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Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports

Amazon is looking to sell around $8 billion worth of Nvidia chips to outside investors, according to the Financial Times. The arrangement would let customers and partners take on the cost of Nvidia hardware used in Amazon Web Services data centers, easing Amazon's capital expenditure burden. The report has been picked up widely by business and technology media, drawing attention to the enormous expense of the AI infrastructure buildout and how major cloud providers are seeking to share those costs.

Why now: Fresh reporting on how a major cloud provider is shifting the huge cost of AI chips onto investors is fueling discussion about AI spending.

AmazonNvidiaAmazon Web ServicesFinancial Times

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• Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports · KELO-AM
• Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports · Reuters

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