Amazon Explores $8 Billion Nvidia Chip Refinancing Through Investor Partnership

Amazon is in early-stage discussions about transferring roughly $8 billion worth of Nvidia Grace Blackwell chips to a special-purpose vehicle and leasing them back from outside investors, according to the Financial Times. The proposed structure would allow investors to hold debt and up to 10 percent equity in the vehicle while Amazon maintains operational control of the hardware already installed across more than a dozen data centers spanning five U.S. states, including Nevada and Virginia.