Samsung Electronics, together with five of its affiliates, is investing $1 billion in Helix, an AI infrastructure company launched by KKR. The firm is also backed by Nvidia, according to CNBC.
The investment is part of Samsung's expansion into global AI infrastructure. The source does not specify how the funds will be used or what projects Helix is pursuing.
Because the report relies on a single source, there are no differing accounts to compare. The details of the investment and the companies involved come directly from CNBC.