SANTA CLARA (dpa-AFX) - NAVER Corp. (NHNCF, 035420.KS), NVIDIA and Brookfield announced plans to expand Korea's sovereign AI factory infrastructure with investments that will grow the initial NVIDIA DSX AI factory deployment from 55 megawatts to 200 megawatts. NAVER also intends to scale its NVIDIA AI infrastructure deployment to 1 gigawatt, marking a major step forward in Korea's national AI ambitions.
The 200-megawatt expansion will be built at NAVER's GAK Sejong hyperscale data center in Sejong, South Korea, using the NVIDIA DSX platform. This acceleration underscores Korea's commitment to advancing sovereign AI capabilities and providing large-scale compute resources for next-generation models, agents and AI-powered services.
To finance the project, NVIDIA plans to invest $1 billion into NAVER Corp., while Brookfield has entered into a nonbinding term sheet to fund up to $9 billion. NAVER will contribute the remaining amounts. NVIDIA's investment is subject to customary closing conditions and NAVER securing at least $9 billion of committed financing, separate from NVIDIA's planned contribution.
The expanded infrastructure is expected to feature advanced NVIDIA AI platforms, including NVIDIA Vera Rubin and NVIDIA Blackwell. Together, these technologies will deliver the compute, software and support needed to develop and deploy competitive AI models and applications at production scale, serving innovators in both Korea and the United States.
NAVER closed Friday's regular trading at KRW 207,500.00, down KRW 12,500.00 or 5.68% on the Korean Stock Exchange.
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