Amazon is structuring a special-purpose vehicle to hold $8 billion in Nvidia Grace Blackwell chips, leasing them back while transferring balance-sheet pressure to outside investors in a model that signals how extreme AI capital costs have become.
Tag: Amazon
Posted inTech
EU Regulators Set to Designate AWS and Azure as Digital Markets Act Gatekeepers
European Commission investigators are finalising a Digital Markets Act probe that is expected to designate Amazon Web Services and Microsoft Azure as cloud gatekeepers, imposing interoperability mandates by late 2026.
Posted inTech
Qualcomm Offers Amazon a $4 Billion Warrant in $60 Billion AI Chip Deal
Qualcomm issued Amazon warrants for 25 million shares at $161.26 per share, part of a $60 billion AI chip supply deal targeting AWS inference infrastructure.
Posted inTech
FTC and 22 States Sue Amazon Over $20 Billion in Hidden Ad Surcharges
The Federal Trade Commission and 22 state attorneys general filed suit against Amazon on August 31, alleging it secretly overcharged more than 1.2 million advertisers by more than $20 billion since 2019 through a manipulated auction system.
Posted inTech
Amazon Closes Mechanical Turk After 21 Years as AI Replaces Human Labelers
Amazon will shut down Mechanical Turk on September 30, ending the 21-year-old platform Jeff Bezos called ‘artificial artificial intelligence.’
Posted inMarkets
Amazon Q2 Revenue Crosses $200 Billion for the First Time as AWS Grows 37%
Amazon reported $200.6 billion in Q2 2026 net sales on July 30, the first time a single quarter has crossed that threshold, as AWS cloud revenue rose 36.7% to $42.2 billion — its fastest growth in 18 quarters.