Samsung Electronics Seocho office building in Seocho-gu, Seoul. News1
Six Samsung affiliates, including Samsung Electronics, will invest a total of USD 1 billion (approximately KRW 1.36 trillion) in Helix, an artificial intelligence (AI) infrastructure specialist established by U.S. global investment firm KKR.
On the 29th, six Samsung companies—Samsung Electronics, Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance, and Samsung Fire & Marine Insurance—announced that they had decided to invest a total of USD 1 billion in the U.S. AI infrastructure company “Helix Digital Infrastructure” (hereinafter Helix).
Samsung Electronics will invest USD 500 million, and the other five affiliates will jointly invest a total of USD 500 million.
Helix is a company that provides integrated AI-related infrastructure, covering everything from development and operation of hyperscale data centers to power generation, transmission and distribution, optical communication networks, and broader network services.
Park Sung-jin
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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