$8 Billion Nvidia Chip Deal Tests Amazon's AI Financing Strategy

Amazon is exploring an innovative financing strategy for its artificial-intelligence infrastructure. The company is considering transferring thousands of Nvidia Grace Blackwell chips installed at over a dozen U.S. data centers to a special-purpose vehicle, potentially valued at $8 billion.

The proposed structure would allow Amazon to continue operating the equipment under a lease arrangement while retaining access to the chips. This move could provide an additional source of financing for the company's AI initiatives.

Discussions with prospective investors have taken place in recent weeks, although the transaction is still being considered and has not been completed.