What happened
Kuwait's sovereign wealth fund is backing Helix Digital Infrastructure, a new $10 billion（約1.6兆円） company led by former AWS chief Adam Selipsky. The venture will build and finance data centers, power generation plants, transmission networks, and fiber links needed by large cloud providers.
Why it matters
Gulf states have been pouring hundreds of billions into AI both regionally and globally—Saudi Arabia launched HUMAIN last year, Qatar operates Qai, and the UAE leads through firms like G42, MGX, and Mubadala. This deal shows major Gulf investors are undeterred by the war and continue to deploy capital in AI infrastructure globally.
What to watch
The company will be built around the core services hyperscalers (large cloud providers) need to operate: power, data center facilities, and network connectivity. KKR and Nvidia's involvement signals institutional and technology sector confidence in the venture's model.
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