Helix launches with $10B+ in funding to build AI infrastructure

An investor consortium today launched a venture called Helix Digital Infrastructure Inc. to build artificial intelligence data centers for hyperscalers.

The company’s backers include KKR, the Kuwait Investment Authority, Nvidia Corp. and Vistra Corp., a major energy utility. The group has provided Helix with more than $10 billion worth of long-term capital commitments. The company plans to bring in additional investors down the line.

Helix is led by former Amazon Web Services Inc. Chief Executive Officer Adam Selipsky. Waldemar Szlezak, the global head of digital infrastructure at KKR, is the company’s Chief Investment Officer.

Helix plans to build data centers using Nvidia DSX, an expansive suite of technologies for building large-scale AI clusters. It includes blueprints that describe how to integrate the chipmaker’s graphics cards with third-party hardware. A simulation tool enables engineers to test their data center designs before deploying them. Another software component, DSX OS, automates several day-to-day infrastructure maintenance tasks.