Investment firm KKR has appointed Adam Selipsky as a senior advisor for technology and AI strategy.

Selipsky was the CEO of cloud giant Amazon Web Services (AWS) from 2021 to 2024, following five years as CEO of Tableau Software. Prior to his time at the analytics platform, he had an earlier VP role at AWS for some 11 years.

At KKR, Selipsky will advise on strategy, capital allocation, and governance for the firm’s $179 billion Real Assets business.

“AI is fundamentally rewiring the internet’s infrastructure—exposing new bottlenecks while creating once-in-a-generation opportunities. We believe this is a transformational moment for the sector," Waldemar Szlezak, partner and global head of digital infrastructure at KKR, said.

"With AI driving unprecedented demand for compute and power, KKR is advancing a coordinated strategy that unites its data center, energy, and digital infrastructure investments into one platform purpose-built for hyperscalers and AI developers. Adam’s appointment marks a pivotal step in that journey, and we’re thrilled to welcome him as we retool the world’s infrastructure for the AI era.”

KKR said that it has committed approximately $42bn of equity into digital infrastructure across 23 investments, as well as another $20bn in power and renewables.

This portfolio currently includes five data center businesses with more than 155 facilities and a 15GW development pipeline, alongside twelve fiber companies connecting nearly 30 million homes, and more than 130,000 wireless infrastructure sites across Europe and APAC. It also owns cooling company CoolIT.

Earlier this year, KKR invested in Middle Eastern data center business Gulf Data Hub, and acquired fiber-to-the-home provider Metronet alongside T-Mobile. The company co-owns CyrusOne, helping fund its latest data center buildout. It is reportedly in talks to acquire ST Telemedia Global Data Centres, which it owns a 15 percent stake in, and fund Meta's data centers.

“KKR has taken a visionary approach - integrating power, data centers, and connectivity to meet the demands of hyperscalers and AI developers alike," Selipsky said. "I’m excited to collaborate with Waldemar and the team to build on that foundation and position KKR as the world’s leading AI infrastructure investor.”

Late last year, KKR predicted global data center spending to hit $250bn a year.