KKR Unveils $10B Helix AI Data Center Venture with Nvidia, Kuwait Fund
KKR•KKR launched Helix Digital Infrastructure with $10 billion to build AI data centers, led by ex-AWS CEO Adam Selipsky and backed by Kuwait Investment Authority, Nvidia and Vistra. Shares have declined 24.6% in past year and formed a death cross, though analysts retain a Buy rating with $122.50 target.
1. Helix Digital Infrastructure Launch
KKR has established Helix Digital Infrastructure with over $10 billion in committed capital to finance AI-centric data center development, power generation and connectivity solutions for large-scale cloud users.
2. Leadership and Partner Backing
The venture will be led by former AWS CEO Adam Selipsky and includes anchor investments from Kuwait Investment Authority, Nvidia, and Vistra, which will provide AI data center design expertise and power services.
3. Financial Scale and Asset Management
Helix expands KKR’s infrastructure platform, which oversees more than $100 billion of assets—including over $70 billion in digital and power infrastructure—and is positioned to attract additional institutional investors.
4. Stock Performance and Analyst View
KKR shares have declined 24.6% over the past year and formed a death cross, though analysts continue to rate the stock a Buy with a $122.50 price target.
