ShowBiz & Sports Lifestyle

Hot

Samsung Electronics commits $1 billion to KKR-backed Helix Digital AI buildout

Samsung Electronics commits $1 billion to KKR-backed Helix Digital AI buildout

Mon, September 28, 2026 at 11:57 PM UTC

0

Sept 29 (Reuters) - KKR-backed AI infrastructure company Helix Digital said on Tuesday that Samsung Electronics has committed $1 billion through its capital fund to support the company's global AI infrastructure buildout.

Here are some details:

• The commitment builds on more than $10 billion of capital already committed to the Helix strategy, the company said.

Advertisement

• US-based Helix said it focuses on investing in, delivering, and managing AI-enabling infrastructure, including hyperscale data centers, power generation and transmission, fiber and connectivity assets.

• Leveraging Nvidia's full-stack technology, Helix expects to use Samsung's technology and energy storage capabilities to accelerate the development and delivery of AI infrastructure.

• Helix's anchor investors include KKR, the Kuwait Investment Authority, Nvidia, and others.

(Reporting by Rudrannsh Mehra in Bengaluru; Editing by Rashmi Aich)

Original Article on Source

Source: “AOL Money”

We do not use cookies and do not collect personal data. Just news.