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

Photo: SiliconANGLE

What happened

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 […] The post Report: Amazon to offload $8B worth of AI chips, lease them back appea…

Summary assembled by rule from the sources below

Sources