Naver secures $9 billion Brookfield investment to launch AI factory, meeting Nvidia equity condition
Naver signed a contract with Brookfield that provides up to $9 billion to fund AI computing infrastructure, including GPUs and data‑center capacity. The agreement satisfies the prerequisite for Nvidia’s planned $1 billion strategic equity investment in Naver. Naver Cloud will operate the infrastructure, with operations slated to start at 55 MW in early 2027 and expand to 200 MW in 2028, eventually targeting a 1‑GW global AI factory. The company will also give a payment guarantee for up to eight years to cover its subsidiary’s usage‑fee obligations.
Why it matters
The Brookfield funding reduces Naver’s upfront capital outlay, allowing faster deployment of large‑scale AI resources. Completion of Nvidia’s equity investment will make Nvidia a major shareholder and could enhance Naver’s technology position, potentially boosting its valuation.
Key facts
- 1Brookfield will provide up to $9 billion to finance AI infrastructure, such as GPUs and data‑center facilities. digitaltoday.co.kr
- 2The deal meets the condition for Nvidia’s planned $1 billion strategic equity investment in Naver. digitaltoday.co.kr
- 3Naver Cloud will receive the computing resources and act as the operator of the AI factory. digitaltoday.co.kr
- 4Operations are expected to begin with 55 MW of capacity in the first half of 2027 and rise to 200 MW in 2028. biz.chosun.com
- 5Naver will provide a payment guarantee covering usage‑fee obligations for up to eight years. biz.chosun.com
- 6Nvidia will supply technical collaboration on its next‑generation high‑performance computing platform DSX. digitaltoday.co.kr
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.