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Updated · Bloomberg · Apr 30Helix Digital Infrastructure launches with KKR backing to build AI infrastructure
8 articles · Updated · Bloomberg · Apr 30
- KKR has secured more than $10 billion for the new company, which will partner with hyperscalers, according to people familiar with the matter.
- Helix plans to design, build, own and operate AI infrastructure spanning data centres, power generation and transmission, and connectivity.
- The launch underscores rising investment in the physical backbone needed to support expanding artificial intelligence computing demand.
AI's insatiable energy demand is straining power grids. Is KKR's new multi-billion dollar venture a solution or a catalyst for crisis? KKR bets $10B on AI data centers. Can it bypass the gridlock and public anger that have already halted competing projects? Trillions are being spent on AI data centers. Who will ultimately pay for the massive new power plants and grid upgrades they require?