Samsung Invests $1 Billion in Nvidia-Backed AI Firm Helix
Samsung Electronics has announced that it will invest $1 billion in Helix Digital Infrastructure, an AI infrastructure company backed by Nvidia and KKR. The investment is a joint effort between Samsung and its affiliates, with Samsung committing $500 million to the project. This move marks a significant step for Samsung as it continues to expand its presence in the artificial intelligence market.
Helix Digital Infrastructure was launched by global investment firm KKR, with Nvidia providing backing to the company. The partnership aims to provide AI infrastructure solutions to various industries, including cloud computing and data centers. With this investment, Helix is poised to become a major player in the growing AI infrastructure market.