Home / Business and Economy / Samsung Backs AI Infrastructure with $1 Billion
Samsung Backs AI Infrastructure with $1 Billion
29 Sep
Summary
- Samsung's capital fund committed $1 billion to Helix Digital.
- Helix Digital is an AI infrastructure company backed by KKR.
- The funding supports Helix Digital's global AI infrastructure expansion.
Samsung Electronics has announced a substantial $1 billion commitment to AI infrastructure company Helix Digital. This investment, channeled through Samsung's capital fund, is earmarked for supporting Helix Digital's ambitious global expansion plans.
As a company backed by KKR, Helix Digital focuses on building out critical AI infrastructure. The infusion of capital from Samsung is expected to significantly accelerate the development and deployment of these essential AI resources on a worldwide scale.
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