Naver Signs $9 Billion AI Infrastructure Deal With Brookfield

Naver has signed an agreement with asset manager Brookfield to secure up to $9 billion in artificial intelligence infrastructure, including GPUs and data centers. The deal fulfills a prerequisite for Nvidia to make a strategic $1 billion equity investment in Naver and accelerates the companies' joint project to build a 1-gigawatt AI factory. Naver Cloud will operate the infrastructure, with the AI factory scheduled to begin operations with 55 megawatts of capacity in early 2027. Open article →