- Samsung Electronics will put in $500 million, with Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance contributing the remaining $500 million, for a combined $1 billion into Helix Digital Infrastructure.
- Helix targets hyperscale data centers plus the underlying power generation, transmission, distribution and fiber-optic networks that AI workloads require; the company is led by former AWS CEO Adam Selipsky.
- Founding investors in Helix include KKR, Nvidia, the Kuwait Investment Authority and U.S. power company Vistra; the new Samsung money sits on top of more than $10 billion of funds already committed.
- Samsung frames the investment as a way to pull its semiconductor, cooling, battery and data-center construction capabilities into the global AI infrastructure buildout alongside Helix and the other participants.
Quotes
“Samsung Electronics and its affiliates will invest a combined $1 billion in Helix Digital Infrastructure, an artificial intelligence infrastructure company launched by global investment firm KKR and backed by AI darling Nvidia.”
“The company is led by Adam Selipsky, the former CEO of Amazon Web Services.”
“KKR has invested more than $75 billion globally across digital infrastructure and power, with the investment firm putting in about $9 billion in Korea since 2009.”