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Amazon is quietly restructuring who actually owns the AI hardware powering its data centers, and the investors taking the other side of that deal may not realize what depreciates fastest in Silicon Valley.
Amazon is reportedly moving $8B of Nvidia Grace Blackwell chips into an SPV leaseback, per the Financial Times. Here is how the deal would work.
Reports say Amazon is exploring an $8 billion sale-and-leaseback of Nvidia Grace-Blackwell chips, as