KKR launches $10 billion AI infrastructure company with Nvidia, Vistra


FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

June 11 (Reuters) - 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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read