Archive · 27 Jul 2026

Nvidia Invests $1 Billion in Naver's AI Project

Nvidia Invests $1 Billion in Naver's AI Project

Nvidia is investing $1 billion in Naver, a South Korean internet company, to help build an AI data center.

This project is part of a larger plan to develop AI infrastructure in South Korea, with Brookfield also involved.

The investment will help fund the construction of a data center with increasing capacity over the next few years.

Nvidia will supply the necessary graphics processing units, and Naver will issue new shares to Nvidia as part of the deal.

The goal is to strengthen South Korea's AI ecosystem and support the next generation of AI companies.

Sources