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Story summary
- Samsung Group invests $1 billion in Helix Digital Infrastructure.
- Samsung Electronics contributes $500 million of the investment.
- Samsung C&T, SDS, SDI, Life Insurance and Fire & Marine provide the remaining $500 million.
- Samsung will leverage affiliates' semiconductor, cooling, construction and battery expertise for AI infrastructure.
- Helix is led by Adam Selipsky, former Amazon Web Services chief.