Amazon seeks to offload $8B of Nvidia chips to investors
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Unofficial Hacker News client; not affiliated with Y Combinator.
Amazon seeks to offload $8B of Nvidia chips to investors
Unofficial Hacker News client; not affiliated with Y Combinator.
Aurornis · · focus · HN ↗
10% is not a lot.
There is a lot of investment money looking for any AI investment right now. Family offices through large institutional investors have made mandates to allocate to AI investments.
Amazon is in a perfect position to scoop up some of those investment dollars. This is an easy way for them to take advantage of the market conditions.
The doomers are going to assume this is a sign of bubble bursting, but I think Amazon is being smart and weighing their options for financing. If you haven’t kept up with the markets, rates have gone up a lot. If investors are willing to hand you cash to finance your buildout in exchange for something like this, it’s worth considering.
eiieke · · focus · HN ↗
Aurornis · · focus · HN ↗
The fact that investors are looking for AI investments right now is not a secret.
EDIT: Did you really register a throwaway account just to post this comment?
ArtRichards · · focus · HN ↗