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International Business Times
International Business Times

Samsung Is Pouring Another Billion Into AI Infrastructure. Nvidia And KKR Are Also Backing The Venture.

Samsung and five of its affiliates are investing a combined $1 billion in AI infrastructure company Helix Digital Infrastructure. (Credit: Getty Images/Jade Gao)

Samsung Electronics and five other Samsung companies are investing a combined $1 billion in Helix Digital Infrastructure, an artificial intelligence infrastructure company backed by KKR, Nvidia, the Kuwait Investment Authority and U.S. power company Vistra.

Samsung Electronics will invest $500 million, while Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance will contribute the remaining $500 million, Samsung said Tuesday.

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