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Kuwait Sovereign Wealth Fund Joins KKR, Nvidia, and Vistra in $10 Billion AI Infrastructure Company
Kuwait’s sovereign wealth fund joins KKR, Nvidia, and Vistra in a new company to build data centers and power infrastructure for AI. The venture is led by former AWS chief Adam Selipsky.
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Kuwait’s sovereign wealth fund is backing a new $10 billion AI infrastructure venture alongside KKR, Nvidia, and power company Vistra. The new company, named Helix Digital Infrastructure, was announced on June 11, 2026. Helix Digital Infrastructure will be led by former AWS chief Adam Selipsky.
The company aims to build and finance data centers, power generation plants, transmission networks, and fiber links needed by hyperscalers. The announcement comes as Gulf states pour hundreds of billions into AI in the region and globally. Saudi Arabia launched HUMAIN last year to create a national champion in AI.
Qatar has Qai. The UAE is leading the region through state-backed firms like G42, MGX, and Mubadala. Semafor reported that Gulf investors are undeterred by the war in deploying capital globally.
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