Samsung, Affiliates Invest $1 Billion in Helix as AI Data Center Buildout Accelerates
Updated
Updated · CNBC · Sep 29
Samsung, Affiliates Invest $1 Billion in Helix as AI Data Center Buildout Accelerates
3 articles · Updated · CNBC · Sep 29
Summary
$1 billion from Samsung and five affiliates will go to Helix Digital Infrastructure, with Samsung Electronics contributing $500 million and the rest split across group units.
Helix is targeting a crowded AI infrastructure market by building not just hyperscale data centers but also the power, transmission, distribution and fiber networks needed to run them.
Samsung said the deal lets it combine group capabilities across semiconductors, cooling systems, data center construction and batteries to deepen its role in the global AI buildout.
Helix, launched in June by KKR and backed by Nvidia, has already secured more than $10 billion in commitments and is led by former AWS CEO Adam Selipsky.