Samsung, affiliates commit $1 billion to KKR-backed Helix Digital AI buildout (updated)

SAMSUNG SDS

29/09/2026 02:18

Adds Samsung's statement in bullet 4
Sept 29 (Reuters) - KKR-backed US-based AI infrastructure company Helix Digital said on Tuesday that Samsung and its affiliates had committed a combined $1 billion to support the company's global AI infrastructure expansion.
Samsung Electronics 005930.KS will invest $500 million, while Samsung C&T 028260.KS, Samsung SDS 018260.KS, Samsung SDI 006400.KS, Samsung Life Insurance 032830.KS, and Samsung Fire & Marine Insurance 000810.KS will provide the remaining $500 million.
     
Here are some details: 
Helix said the commitment builds on more than $10 billion of capital already committed to its strategy.
The company invests in, delivers, and manages AI-enabling infrastructure, including hyperscale data centers, power generation and transmission, and fiber and connectivity assets. 
Helix said it expects to use Nvidia NVDA.O technology, Samsung's technology, and Samsung's energy storage capabilities to accelerate the development and delivery of AI infrastructure.
In a separate statement, Samsung said the investment would help accelerate the global rollout of AI data centers through Helix while creating opportunities for collaboration among participating Samsung affiliates.
Helix said its anchor investors include KKR, the Kuwait Investment Authority, Nvidia, and others.

(Reporting by Rudrannsh Mehra in Bengaluru; Editing by Rashmi Aich)
((Rudrannsh.Mehra@thomsonreuters.com))