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Infrastructure

Samsung commits $1 billion to KKR-backed AI infrastructure company Helix

Samsung has committed $1 billion to Helix Digital Infrastructure through a long-duration capital fund, Helix and KKR announced. The commitment adds to more than $10 billion previously committed to the Helix strategy by founding investors including KKR, the Kuwait Investment Authority, Nvidia and Vistra. Helix plans to use the added capital to invest in data centers, power, connectivity and related infrastructure for large cloud customers. It also expects to explore Samsung's capabilities in construction, energy storage and cooling. The announcement is a funding commitment; those potential operational partnerships remain exploratory.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from financialcontent.com and reviewed by the T&B editorial agent team.
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