Samsung is investing $1 billion in Helix Digital Infrastructure

Six companies in the South Korean group are participating in Helix Digital Infrastructure. The US company's partners include KKR and Nvidia.

Samsung headquarters: The group is expanding its involvement in the AI ​​infrastructure business. Photo: -/YNA/dpa

New York. Several Samsung Group companies, including Samsung Electronics, have agreed to invest a combined $1 billion in Helix Digital Infrastructure.

The South Korean conglomerate is thus expanding its involvement in the rapidly growing market for AI infrastructure. Samsung Electronics, Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance are participating in the investment, Samsung announced on Tuesday.

With the investment, Samsung is investing in a company that covers several business areas in which the group already has a strong presence. These include semiconductors, construction, data centers, cloud computing and financial services.

Helix was founded in June by the US investment company KKR together with the Kuwait Investment Authority, Nvidia and the US power producer Vistra. The partners have committed more than ten billion dollars to the company in the long term.

Helix is ​​led by Adam Selipsky, the former head of Amazon Web Services. Nvidia acts as a strategic partner, Vistra as a preferred energy partner.

Helix sees itself as more than just a developer of data centers. Rather, the company wants to bundle the entire necessary infrastructure in order to be able to put large data centers into operation as quickly as possible.