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Technology

Samsung commits $1 billion to KKR-backed Helix in bid to become an AI infrastructure architect

Samsung group companies will invest $1 billion in Helix Digital, a KKR-backed US artificial-intelligence infrastructure firm, as the South Korean conglomerate pushes beyond chips into data centres, power and networks.

By James Calloway · · 1 min read

Samsung group companies will invest a combined $1 billion in Helix Digital, a US artificial-intelligence infrastructure company backed by global investment firm KKR, in the conglomerate’s biggest bet yet on the physical backbone of the AI boom.

KKR-backed Helix Digital said on Tuesday that Samsung Electronics had committed $1 billion to support the company’s global AI infrastructure buildout, Reuters reported. Nikkei Asia and The Korea Times reported that Samsung Electronics will provide $500 million, with five affiliates — Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance — supplying the remaining $500 million.

Helix was launched in June by KKR with more than $10 billion in committed long-term capital. Its anchor investors include the Kuwait Investment Authority, Nvidia and US power producer Vistra, and it is led by Adam Selipsky, the former chief executive of Amazon Web Services, according to The Korea Times.

“Samsung affiliates’ investment reflects a strategic commitment to securing next-generation AI leadership within this emerging infrastructure landscape,” the company said in a statement, adding that it aims to expand its role “from a traditional hardware component supplier to an active architect of the global AI infrastructure ecosystem,” Nikkei Asia reported.

US-based Helix focuses on investing in, delivering and managing AI-enabling infrastructure, including hyperscale data centres, power generation and transmission, and fibre and connectivity assets. It expects to use Nvidia’s full-stack technology alongside Samsung’s technology and energy storage capabilities, Reuters reported.

Power availability has become the defining bottleneck for AI data-centre expansion, and Helix plans to secure data centres and power infrastructure together, the outlets reported.

Sources

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