Tech
Naver gets $10 bln investment from Nvidia, Brookfield
- With the funding, Naver, also a major cloud service provider, will be able to accelerate its project, according to Lee Hae-jin, founder of Naver, in an AI summit held in San Francisco on Friday (local time).
- Earlier, Naver said it would work with Nvidia to build large-scale, global AI infrastructure, starting with an expansion of its data center in South Korea.
- Brookfield has agreed to invest up to $9 billion in Naver.
- Jensen Huang (L), the head of Nvidia Corp., poses for a photo with Lee Hae-jin, Naver's founder and board chair, during Huang's visit to Naver 1784, the portal operator's second office space, in Seongnam, Gyeonggi Province, on June 8, 2026. Naver Corp., the country's leading internet portal operato.
Naver Corp., the country's leading internet portal op... This will let Google show news articles that match or are related to your search SEOUL, July 25 -- Naver Corp., the country's leading internet portal operator, has received a combined US$10 billion investment commitment from Nvidia and U.S. private equity firm Brookfield to finance its project to build an artificial intelligence (AI) data center here. With the funding, Naver, also a major cloud service provider, will be able to accelerate its project, according to Lee Hae-jin, founder of Naver, in an AI summit held in San Francisco on Friday (local time). Earlier, Naver said it would work with Nvidia to build large-scale, global AI infrastructure, starting with an expansion of its data center in South Korea. Brookfield has agreed to invest up to $9 billion in Naver.
Source: Yonhap