Samsung Commits $1 Billion to Helix for AI Data Centers and Power
Six Samsung companies are joining a KKR- and Nvidia-backed platform that aims to build both AI facilities and the infrastructure needed to power them.
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Six Samsung companies are joining a KKR- and Nvidia-backed platform that aims to build both AI facilities and the infrastructure needed to power them.
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Samsung’s $1 billion commitment gives Helix more than $11 billion in secured capital for a buildout spanning AI data centers, electricity generation and transmission, and fiber networks. The financing links Samsung’s semiconductor, construction, cooling and battery capabilities to a platform backed by KKR and Nvidia, but no project-level assignments or affiliate-by-affiliate amounts have been disclosed. The key test now is execution: committed capital must translate into operating facilities and the power and data-
Samsung Electronics will contribute $500 million; five Samsung affiliates will collectively provide the other $500 million, with individual amounts undisclosed.
KKR said more than $10 billion was committed before Samsung joined; the total describes secured capital, not completed projects or money spent.
Helix was launched in June with KKR, Nvidia, the Kuwait Investment Authority and Vistra among its founding investors.
Samsung is putting $1 billion behind Helix Digital Infrastructure’s plan to build AI data centers and the systems that support them. The commitment brings the KKR- and Nvidia-backed platform’s secured capital above $11 billion. The immediate change is financial: Helix has more funding committed to its strategy, not newly completed facilities.
KKR launched Helix in June with a mandate that reaches beyond the data-center building. It targets large-scale AI facilities, electricity generation, the lines and equipment that move power to users, and fiber-optic networks. Those are distinct parts of the same buildout: a facility cannot run its computing equipment without power, while its networks must carry data.
Nvidia, the Kuwait Investment Authority and U.S. power company Vistra are founding investors alongside KKR. Helix is led by Adam Selipsky, the former chief executive of Amazon Web Services. That mix of investors helps explain the platform’s scope: its stated aim covers the computing site, the electricity supply and the connections between them.
Samsung Electronics will provide half of the new commitment. Five affiliates—Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance—will contribute the other half. The split matters because Samsung is participating through more than its electronics business, although the announced investment gives no company-by-company breakdown for those five affiliates.
Samsung said the investment would help speed the global rollout of AI data centers with Helix and deepen cooperation among the participating companies. CNBC described the group’s relevant capabilities as spanning semiconductors, cooling, construction and batteries. That range fits Helix’s broad remit, but it does not mean every Samsung business has a specified role in a particular project.
KKR said more than $10 billion had already been committed to Helix before Samsung joined. With the new $1 billion commitment, Helix’s total secured capital exceeds $11 billion. Those figures describe financing secured for the platform’s strategy; they are not a count of operating data centers, completed power projects or money spent.
The funding is intended to support data centers as well as power generation and transmission. Helix’s wider focus also includes power distribution—the local delivery of electricity—and fiber networks. Building across those layers is a more involved undertaking than financing a data-center building alone, which makes the transition from a capital commitment to working infrastructure the consequential next step.
For now, Samsung has committed capital and described a goal for working with Helix. The useful measure of progress will be specific facilities and supporting power infrastructure moving toward operation. That is where Helix’s combined approach will have to deliver: money for an AI site does not, by itself, produce the electricity or connections needed to run one.
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