Samsung Electronics and five of its subsidiaries will invest a total of $1 billion in Helix Digital Infrastructure, a company focused on building infrastructure for artificial intelligence, according to CNBC. Samsung Electronics has committed $500 million; the remainder of the investment comes from Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance.
On the day of the announcement, Samsung Electronics shares rose 2.1 percent on the Seoul stock exchange.
Helix's focus and leadership
Launched in June, Helix Digital Infrastructure concentrates on the infrastructure required to meet growing AI demand, including hyperscale data centers, power generation, transmission and distribution networks, and optical backbone capacity. The company was founded by global investment firm KKR and is led by Adam Selipsky, the former CEO of Amazon Web Services. Founding investors include KKR, the Kuwait Investment Authority, Nvidia and U.S. energy company Vistra.
Strategic rationale for Samsung
For Samsung, the deal enables the company to mobilize a wide range of capabilities across its subsidiaries — from semiconductors and cooling systems to data-center construction and battery manufacturing — within a single project. Samsung said the investment aims to accelerate the global buildout of AI data centers in cooperation with Helix and to deepen partnerships among the companies involved.
The newly announced $1 billion commitment comes in addition to more than $10 billion in capital commitments already secured for Helix.
KKR's track record
KKR has invested more than $75 billion globally in digital infrastructure and energy. In South Korea, KKR has deployed roughly $9 billion of capital since 2009.
Legal note
The article is based on CNBC reporting. This piece does not constitute investment advice.
