AMAZON $AMZN IS EXPLORING A DEAL TO MOVE $8 BILLION OF AI CHIPS OFF ITS OWN BALANCE SHEET
The plan would shift thousands of Grace Blackwell chips across more than a dozen US data centers into a special-purpose vehicle funded by outside investors, according to the Financial Times
Amazon would keep using the hardware while moving to a more asset-light financing model. The vehicle could issue debt and sell up to a 10% equity stake to investors.
Under the proposed structure, Amazon would lease the advanced chips back from the entity - Bloomberg