Business · Companies · 3 hrs ago
Naver finalizes up to $9 billion AI infrastructure deal with Brookfield
Naver finalized a deal worth up to $9 billion with Brookfield to fund computing infrastructure for AI services.
Brookfield’s company will finance and procure the infrastructure, while Naver Cloud will operate it and provide services to customers.
The deal clears a condition for Nvidia’s planned $1 billion investment in Naver.
The capacity is due to start at 55 megawatts in the first half of 2027, rise to 100 megawatts by the end of that year and reach 200 megawatts in 2028.
The deal gives Naver a route into the global AI infrastructure market, but it also comes with guarantees of 18.74 trillion won and the challenge of finding long-term customers.
Managing those risks and winning customers are key next steps as the infrastructure expands.
Naver finalized a computing infrastructure supply deal with Brookfield worth up to $9 billion.
The deal clears a condition for Nvidia’s planned $1 billion investment in Naver.
Brookfield’s wholly owned special-purpose company will procure infrastructure, while Naver Cloud will operate it and provide AI data centre services to customers.
Capacity is planned to start at 55 megawatts in the first half of 2027 and rise to 200 megawatts in 2028.
The article says managing payment guarantees and securing long-term customers remain challenges.
- Who
- Naver and global asset manager Brookfield finalized the deal.
- What
- A computing infrastructure supply contract worth up to $9 billion.
- When
- The deal was announced on October 27; the article was published on October 30, 2026.
- Where
- Not stated.
- Why
- To finance infrastructure for Naver’s entry into the global AI infrastructure market.
This story does not have two clearly opposing sides.
Naver disclosed that it had finalized the large infrastructure contract with Brookfield.
The planned computing infrastructure is due to begin operating at 55 megawatts.
Planned capacity is due to reach 100 megawatts.
Planned capacity is due to reach 200 megawatts.
- Maximum deal value
- $9 billion
- Nvidia investment
- $1 billion, planned after the deal’s conditions were met
- Initial operating capacity
- 55 megawatts in the first half of 2027
- Capacity target
- 200 megawatts in 2028
- Brookfield structure
- A wholly owned special-purpose company will procure the infrastructure