KKR has teamed with the Kuwait Investment Authority, Nvidia and power producer Vistra to create Helix Digital Infrastructure, a venture aimed at financing, owning and operating AI‑enabling compute and power assets. Waldemar Szlezak, KKR’s global head of digital infrastructure, says the firm will bring an operator’s mindset to the sector.

The four anchor investors have pledged more than $10 billion to fund the new platform, though KKR declined to break down each partner’s contribution. By bundling compute capacity with dedicated power supply, Helix hopes to serve not only hyperscalers but also mid‑size enterprises seeking reliable AI infrastructure.

Investors view AI infrastructure as a scarce, high‑margin asset class amid soaring demand for generative models. Securing power alongside chips reduces latency and operational risk, giving Helix a competitive edge over pure‑play data‑center funds. The partnership also signals private‑equity confidence in long‑term monetisation of energy‑intensive workloads.

With KKR and Nvidia anchoring the fund, Helix is positioned to capture a slice of the multi‑billion‑dollar AI spend that is projected to outpace traditional cloud growth. The venture’s integrated model will likely pressure rivals to bundle power and compute in future offerings.