KKR

Samsung is investing $1 billion in an AI infrastructure company backed by Nvidia and KKR, according to CNBC. The deal adds Samsung to a growing list of major tech and finance firms funding the data centers and computing power needed to run artificial intelligence services. It reflects continued heavy corporate spending on AI capacity despite concerns about the pace and sustainability of that investment.

Samsung has committed $1 billion to an AI infrastructure company backed by KKR and Nvidia, according to a Wall Street Journal report. The investment places the South Korean tech giant among major corporate backers of the rapidly expanding buildout of data centers and computing capacity needed to power artificial intelligence services.

Samsung has pledged $1.0 billion to an AI infrastructure company backed by private equity firm KKR and chipmaker Nvidia, according to The Wall Street Journal. The investment underscores Samsung's push to expand its footprint in artificial intelligence infrastructure amid intense global competition for AI capacity, hardware and data-center resources. Details on the target company's valuation and Samsung's strategic plans for the stake were not disclosed in the report.

Reports are circulating about possible IPL 2027 player transfers, with a list of confirmed swaps and trade rumours doing the rounds. The biggest name in the speculation is Hardik Pandya, who has been linked with potential moves to Chennai Super Kings, Delhi Capitals and Kolkata Knight Riders. Fans are debating whether a trade involving the all-rounder is realistic and what it would mean for his current franchise.