The AI boom has a dirty little secret. It’s not a compute problem anymore. It’s a power problem.
KKR just put over $10 billion behind that thesis. The private equity giant officially launched Helix Digital Infrastructure on June 11, a new venture designed to be a one-stop shop for hyperscale data centers, power supply, and connectivity. Vistra, one of the largest power producers in the US, has been tapped as the preferred electricity provider for the whole operation.
What Helix actually is
Think of Helix as a coordination layer sitting between the companies that need AI compute and the messy reality of actually building and powering the facilities that deliver it. The venture is led by Adam Selipsky, former CEO of Amazon Web Services, which is about as credible a hire as you can make for something like this.
The investor list reads like a who’s-who of deep pockets. KKR, the Kuwait Investment Authority (Kuwait’s sovereign wealth fund), Nvidia, and Vistra itself all contributed to the $10 billion-plus capital commitment.
