Samsung Electronics and five other Samsung affiliates are investing a total of $1 billion in the U.S.-based AI infrastructure firm, Helix.
Key points
•Samsung Electronics leads $1B investment in US AI infrastructure firm Helix
•Helix specializes in hyperscale data centers and power transmission infrastructure
•Samsung affiliates aim to expand their role from component suppliers to direct infrastructure builders
Six Samsung subsidiaries—Samsung Electronics, Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance, and Samsung Fire & Marine Insurance—are jointly investing $1 billion in the United States-based AI infrastructure company, Helix. Helix specializes in developing and operating hyperscale data centers as well as power and transmission infrastructure.
The Samsung affiliates are joining KKR and NVIDIA, key investors of the global AI ecosystem, as founding investors in Helix. Led by former Amazon Web Services CEO Adam Selipsky, Helix has a management team composed of top industry experts from the power sector.
With their capabilities across various aspects of AI infrastructure, the Samsung affiliates plan to collaborate with Helix. The Electronics and Display (DS) division will supply semiconductors, while the Digital Solutions (DX) division will provide data center cooling solutions. Samsung C&T Construction Division will undertake infrastructure projects, Samsung SDS will deliver IT services, and Samsung SDI will utilize its battery technology.
