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Report: Amazon to offload $8B worth of AI chips, lease them back

Report: Amazon to offload $8B worth of AI chips, lease them back - SiliconANGLE

Tarun Mottlia

Via SiliconANGLE

·Excerpt
Report: Amazon to offload $8B worth of AI chips, lease them back
Image: SiliconANGLE

Report: Amazon to offload $8B worth of AI chips, lease them back

Amazon.com Inc. reportedly plans to offload some of its artificial intelligence chips and then lease them back.

The Financial Times today cited sources as saying that the transaction would involve a special purpose vehicle, or SPV. A SPV is a type of legal entity that enterprises set up to optimize the administrative aspects of large deals. Such vehicles often take the form of a standalone company without any…

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