AI & TECH
As AI adoption accelerates, the need for data centers and reliable power sources continues to grow. Helix Digital Infrastructure is designed to help address these challenges by bringing together capital, technology expertise, and energy resources.
KKR has introduced Helix Digital Infrastructure, a new company focused on financing and developing infrastructure needed to support artificial intelligence workloads. The venture launches with more than $10 billion in committed capital.
The company is backed by founding investors including the Kuwait Investment Authority, Nvidia, and energy provider Vistra. Helix will be led by Adam Selipsky, the former chief executive of Amazon Web Services.
Demand for AI services has fueled rapid growth in data center construction across the United States. However, increasing power requirements, shortages of key components, and rising project costs have created challenges for the sector.
Helix aims to help meet these infrastructure needs by combining investment capital with technical and energy expertise. Nvidia will contribute guidance on AI data center design, while Vistra will serve as the preferred power provider.
KKR said Helix may welcome additional institutional investors after the initial funding commitments are finalized. The firm's infrastructure platform currently manages more than $100 billion in assets, including significant investments across digital and power infrastructure.
Selipsky said large digital infrastructure customers are seeking ways to simplify deployment and gain access to new capacity as demand continues to increase.
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