KKR & Kuwait launch $10 billion AI infrastructure venture
Helix Digital Infrastructure unites capital, power and NVIDIA technology
#Kuwait #USA #datacentres – Global investment firm KKR, the Kuwait Investment Authority (KIA), semiconductor giant NVIDIA and integrated power company Vistra have jointly launched Helix Digital Infrastructure, a new company designed to finance and deliver AI infrastructure at hyperscale. Helix launches with more than $10 billion in committed long-duration capital and is led by Adam Selipsky, former CEO of Amazon Web Services. The company positions itself as a single coordination point for hyperscalers’ data centre, power, connectivity and related infrastructure needs, addressing what its founders describe as a critical bottleneck in global AI deployment.
SO WHAT? – The scale of AI infrastructure investment required over the coming decade is beyond what any single organisation can deliver alone. Hence, Helix is a direct response to that challenge. The purpose-built vehicle brings together institutional capital, hyperscaler operational expertise, semiconductor technology and power generation capability under one roof. KIA’s participation as a founding investor is also significant, demonstrating that the Gulf sovereign wealth fund is doubling down on its new strategy to invest in global AI infrastructure. With the formation of Helix, now its third major global AI infrastructure investment partnership in little more than 12 months, it is clear that KIA is becoming a key player in this space.
KEY POINTS:
Helix Digital Infrastructure, a dedicated company focused on investing in, delivering and managing the next generation of AI-enabling infrastructure, has launched with more than $10 billion in committed capital. The firm is backed by global investment firm KKR, the Kuwait Investment Authority (KIA), semiconductor giant NVIDIA and integrated power company Vistra .
The venture will remain open to additional eligible institutional investors following the closing of founding commitments.
Adam Selipsky, former CEO of Amazon Web Services, leads Helix as co-founder and CEO, bringing direct experience scaling the world’s largest cloud business. Waldemar Szlezak, KKR’s Global Head of Digital Infrastructure, serves as Chief Investment Officer alongside a dedicated management team and board.
Helix will invest across the full AI infrastructure stack, including hyperscale data centre development and operations, baseload and flexible power generation, transmission and distribution infrastructure, and fibre and connectivity infrastructure. The wide spread is deliberate, with the venture aiming to cover every critical dependency in the AI buildout chain.
NVIDIA joins as a cornerstone strategic partner, supporting deployment of its DSX AI factory-aligned infrastructure across Helix investments. The partnership is designed to maximise tokens per watt, achieve the lowest total cost of ownership, and accelerate time to first token for Helix’s portfolio.
Vistra serves as Helix’s preferred power partner, bringing existing power generation capacity and more than 5,000 megawatts of executed power purchase agreements with hyperscalers. Power generation and grid interconnection are identified as critical gating factors for AI infrastructure deployment, making Vistra’s role rather central.
KKR’s infrastructure platform provides the institutional backbone, with over $100 billion in infrastructure assets under management and more than $70 billion invested across digital and power assets. KKR’s anchor investment is funded through its balance sheet and managed vehicles.
The Kuwait Investment Authority describes Helix as a differentiated model combining proven leadership, integrated capabilities and long-duration capital. KIA’s participation marks a significant commitment by one of the world’s longest established sovereign wealth fund and a continuation of its strategy to invest in global AI infrastructure for the long-term.
AI is driving what the company’s founders describe as the largest infrastructure buildout in modern history, requiring trillions of dollars in investment across data centres, power and connectivity over the coming decade. Helix was formed specifically to remove the coordination and financing bottlenecks that are currently slowing hyperscalers’ ability to deploy capacity at the speed the market demands.
ZOOM OUT – The Helix launch is the third major AI infrastructure commitment from the Kuwait Investment Authority in just one year. In June 2025, KIA became the first non-founder financial anchor investor in the AI Infrastructure Partnership (AIP), the $100 billion coalition anchored by BlackRock, Microsoft, Global Infrastructure Partners and Abu Dhabi's MGX. In November 2025, KIA partnered with Canadian alternative asset manager Brookfield Asset Management and NVIDIA to anchor the $10 billion Brookfield Artificial Intelligence Infrastructure Fund. This is part of a $100 billion global AI infrastructure programme spanning AI factories, behind-the-meter power solutions and sovereign compute capacity across multiple continents. Now KIA steps in as a founding investor in Helix alongside KKR, NVIDIA and Vistra as a third distinct high-end infrastructure investment vehicle.
[Written and edited with the assistance of AI]
Source: KKR
Read more about Kuwait Investment Authority investments in infrastructure:
Brookfield, KIA, Nvidia launch $100B AI infrastructure plan (Middle East AI News)
Kuwait joins $100 billion AI infrastructure partnership (Middle East AI News)