Samsung has invested $1 billion in Helix Digital, an artificial intelligence infrastructure company backed by KKR and Nvidia, according to The Wall Street Journal. The deal adds a major new commitment from Samsung to the company’s funding base. The report said the investment will push Helix Digital’s total capital commitments to more than $11 billion. Helix Digital was identified in the report as an AI infrastructure company, while KKR and Nvidia were named as existing backers. No other transaction terms were disclosed in the source material provided. The update was cited by ChainCatcher as a report from The Wall Street Journal.
Samsung has invested $1 billion in Helix Digital, an artificial intelligence infrastructure company backed by KKR and Nvidia, according to The Wall Street Journal.
The investment will bring Helix Digital’s total capital commitments to more than $11 billion, the report said.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.