Backed by KKR, Kuwait's sovereign fund, NVIDIA and Vistra, a new private-capital platform aims to be a one-stop builder for hyperscaler AI infrastructure, signaling that dedicated third-party delivery vehicles are…
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A KKR-led group on Thursday launched a new company with more than $10 billion in committed capital to finance the build-out of AI infrastructure, the latest effort by an alternative asset manager to capitalize on growing demand for AI services. The Kuwait Investment Authority, AI chip giant Nvidia and utility firm Vistra are anchor investors in the company, called Helix Digital Infrastructure, which is led by former Amazon Web Services CEO Adam Selipsky. Nvidia will help Helix with its expertise in designing AI data-centers, while Vistra will be the preferred power provider.
Former Amazon Web Services CEO Adam Selipsky will lead the new company, which aims to serve as a single provider for hyperscaler data center, power, and connectivity needs
Helix Digital Infrastructure will “serve as a single coordination point for hyperscalers’ data centers, power, connectivity and related needs,” KKR said.