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Amazon seeks to offload $8B of Nvidia chips to investors

80 points · 92 comments · wslh

  1. Aurornis · · focus · HN ↗
    > Amazon plans to offer an equity stake of up to 10% in the vehicle, the newspaper said.

    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.

    1. eiieke · · focus · HN ↗
      You’re grasping at straws with this - your unsubstantiated claims are worse than the doomers
      1. Aurornis · · focus · HN ↗
        What unsubstantiated claims? The 10% stake quote came from the article.

        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?

        1. ArtRichards · · focus · HN ↗
          I came here to post a question, which you answered. Thanks!
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