KKR Preparing New $10 Billion AI Firm Led by Ex-Amazon Web Chief

KKR & Co. has secured more than $10 billion to launch a company that will develop and operate artificial intelligence infrastructure, according to people with knowledge of the matter.

The company, Helix Digital Infrastructure, will design, build, own and run infrastructure for artificial intelligence, partnering with large-scale cloud providers known as hyperscalers, the people said, asking not to be identified discussing confidential information. That includes data centers, power generation and transmission, as well as connectivity.