Samsung Electronics (005930.KS), Samsung C&T (028260.KS), Samsung SDS (018260.KS), Samsung SDI (006400.KS), Samsung Life Insurance (032830.KS) and Samsung Fire & Marine Insurance (000810.KS) will invest a combined $1 billion in Helix, an artificial intelligence infrastructure company set up by U.S. global investment firm KKR.
The six affiliates said on the 29th that they had decided to invest a total of $1 billion in Helix Digital Infrastructure. Samsung Electronics will provide $500 million, with the remaining five affiliates contributing the other $500 million.
Helix, launched in June this year, offers integrated AI-related infrastructure spanning the development and operation of hyperscale data centers, power generation, transmission and distribution, and optical communication and network systems. The Samsung affiliates join KKR, Nvidia, U.S. power company Vistra and the Kuwait Investment Authority (KIA) as founding investors in Helix.
Samsung plans to use the investment to link the technology and business capabilities of its affiliates with Helix's infrastructure business in search of synergies. Samsung Electronics has advanced semiconductor supply capabilities in its Device Solutions (DS) chip division. In its Device eXperience (DX) finished-products division, the company is expanding its cooling solutions business through FläktGroup, a data center air-conditioning specialist it acquired last year.
Samsung C&T's construction division has engineering, procurement and construction (EPC) capabilities for data centers and power facilities, while Samsung SDS has expertise in data center design, construction and operation. Samsung SDI holds technology in uninterruptible power supply (UPS) systems and battery backup units (BBU), which are essential for stable power supply at data centers.
