Samsung Group Invests $1 Billion in AI Infrastructure Firm Helix Digital
US-based AI infrastructure company Helix Digital Infrastructure has secured a $1 billion investment from Samsung Group, with participation from Samsung Electronics, Samsung SDS, and Samsung SDI. Helix, established in June by KKR, the Kuwait Investment Authority, Nvidia, and Vistra, is led by former AWS CEO Adam Selipsky. The company operates across semiconductors, data centers, cloud computing, and finance, and this investment marks a significant expansion for Samsung into the AI infrastructure market.
Summaries are written by AI from the original article. Not investment advice.