Amazon explores shifting $8 billion of Nvidia chips to investors and leasing them back
- Amazon is exploring an asset-light structure to offload about $8 billion in AI chips
- The move aims to improve balance-sheet health as AI spending rises
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Amazon▼ −22% net tone today
- Amazon is seeking to offload $8 billion of Nvidia chips to investors, the FT reported
- Amazon’s Great Indian Festival sale starts October 8, with cardholder discounts
- Amazon Now expanded its ultra-fast delivery service to over 120 cities
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Musk warns Delta CEO over airline’s choice of Amazon Leo over Starlink
- Delta CEO Ed Bastian chose Amazon’s Leo, a new service intended to compete with Starlink
- Elon Musk warned Bastian he “will lose his job”
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Amazon introduces redesigned Kindle readers with updated displays
- New models include Kindle, Kindle Paperwhite and Kindle Colorsoft