Samsung committed $1 billion to Helix Digital Infrastructure
Helix Digital Infrastructure and KKR said Samsung committed $1 billion to the company. Reuters cited the announcement on Sept. 29.
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Helix Digital Infrastructure and KKR said Samsung committed $1 billion to the company. Reuters cited the announcement on Sept. 29.
Helix Digital Infrastructure
KKR-backed US-based AI infrastructure company Helix Digital said on Tuesday that Samsung and its affiliates had committed a combined $1 billion to support the company's global AI infrastructure expansion.Samsung Electronics KRX:005930 will invest $500 million, while Samsung C&T KRX:028260, Samsung…
Helix Digital said Samsung Electronics committed $1 billion through its capital fund to support a global AI infrastructure buildout. The company said the commitment builds on more than $10 billion already committed to the Helix strategy.
KKR-backed AI infrastructure company Helix Digital said on Tuesday that Samsung Electronics KRX:005930 has committed $1 billion through its capital fund to support the company's global AI infrastructure buildout.Here are some details
Helix Digital Infrastructure was formed by KKR for AI infrastructure buildout. Samsung said it will explore support across technology, construction, energy storage and cooling.
The AI infrastructure platform was formed by KKR and targets data centers, power and connectivity infrastructure.
Samsung said its $1 billion commitment will provide additional long-duration capital to Helix Digital Infrastructure, which KKR formed to invest in AI-enabling infrastructure. The company said the new capital supports data centers, power, connectivity and related infrastructure for hyperscalers.
Helix Digital Infrastructure (“Helix”) and KKR today announced that Samsung has committed $1 billion to Helix, an AI infrastructure company formed by KKR to help meet the growing infrastructure needs of hyperscalers, through its long-duration capital fund.Samsung’s investment builds on the more tha…