Nvidia buys 7.24 million Naver shares

Nvidia is set to acquire over 7.2 million new shares in Naver through a capital increase, making it Naver's third-largest shareholder with a 4.5% stake. The investment follows a three-way partnership between Naver, Nvidia, and Brookfield established to build large-scale AI factory infrastructure utilizing Naver's GAK Sejong data center. Under the arrangement, Brookfield will finance and build the computing infrastructure, Nvidia will provide technology and equity investment, and Naver will manage operations. Open article →