Kuwait Investment Authority, one of the world’s largest sovereign wealth funds, has joined artificial intelligence chip giant NVIDIA, private equity firm KKR, and integrated power company Vistra to launch Helix Digital Infrastructure, a new entity backed by more than $10 billion in total long-duration capital commitments designed to serve as a single coordination point for hyperscalers building artificial intelligence infrastructure at unprecedented scale.
The new company has been designed to deliver integrated infrastructure at the speed and scale required for hyperscalers to meet accelerating artificial intelligence demand. As building artificial intelligence infrastructure becomes increasingly complex, Helix will serve as a single coordination point for hyperscalers’ data centres, power, connectivity, and related needs. The company is led by Adam Selipsky, former Chief Executive Officer of Amazon Web Services, who brings firsthand experience scaling the world’s largest cloud business and deep insight into hyperscaler infrastructure priorities.
Helix will seek to invest in and manage assets critical to enabling artificial intelligence, including hyperscale data centre development and operations, baseload and flexible power generation, transmission and distribution infrastructure, and fibre and connectivity infrastructure. NVIDIA will serve as a strategic partner to support the deployment of NVIDIA DSX artificial intelligence factory-aligned infrastructure with a view to maximising tokens per watt, achieving the lowest total cost of ownership, and accelerating time to first token for investments pursued by Helix. Vistra, a leading integrated power generation and electricity company with operations across 18 states and Washington DC, will be the preferred power provider for Helix investments.
Jensen Huang, founder and Chief Executive Officer of NVIDIA, said that useful artificial intelligence has arrived and demand for artificial intelligence factories is extraordinary, describing artificial intelligence as driving the largest infrastructure buildout in modern history. With the NVIDIA DSX platform and the Helix strategic partnership, he said the company is bringing together a proven artificial intelligence factory blueprint, world-class infrastructure expertise from KKR, and long-term capital to help artificial intelligence cloud providers build the next generation of intelligence infrastructure. KKR Co-Chief Executive Officers Joe Bae and Scott Nuttall described Helix as built on a double strand of complementary strengths, with KKR’s institutional capital and infrastructure expertise intertwined with Helix’s hyperscaler leadership and execution engine. Sheikh Saoud Salem Abdulaziz Al Sabah, Managing Director of Kuwait Investment Authority, described artificial intelligence infrastructure as one of the defining long-term investment opportunities globally, and called Helix a differentiated model that combines proven leadership, integrated capabilities, and the long-term capital required to deliver the next generation of critical digital infrastructure at scale. KKR’s infrastructure platform currently includes over $100 billion in infrastructure assets under management and more than $70 billion invested across digital and power assets, providing the foundation for Helix’s integrated model. Following the closing of the founding commitments, Helix is open to additional eligible institutional investors.
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