Samsung to invest in AI infrastructure company

Samsung Electronics recently pledged to invest $1 billion in Helix Digital Infrastructure , an AI company established by investment firm KKR. The South Korean company stated it would contribute $500 million, with the remainder coming from affiliate companies Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance, and Samsung Fire and Marine Insurance. Alongside Samsung, KKR, the Kuwait Investment Authority, Nvidia and US power company Vistra are founding investors in Helix Digital Infrast