Nvidia will invest $1 billion in Naver Corp. to help finance an AI data center project under construction in South Korea, according to reports. The investment is described as part of Nvidia’s expanding activity in partnerships and funding arrangements related to artificial intelligence infrastructure. The deal also includes additional expansion of an existing accord involving SK Group, broadening the scope of cooperation tied to the data center effort. Details on the specific structure of the investment and the timetable for the funding were not provided in the summaries, but the reports characterize the move as one among multiple recent transactions involving Nvidia. Together, the outlets report that Nvidia’s capital contribution is intended to support development of the AI data center that Naver is building in South Korea, with SK Group’s relationship to the project also being extended. The announcements are framed as part of a broader wave of AI-related deals tied to data center capacity and chip-driven computing demand.
Nvidia to Invest $1 Billion in Naver to Support South Korea AI Data Center
Nvidia will invest $1 billion in Naver Corp. to help finance an AI data center project under construction in South Korea, according to reports. The investment is described as part of Nvidia’s expandin...
- Nvidia will invest $1 billion in Naver Corp.
- The funding is intended to help finance an AI data center under construction in South Korea.
- The reports say Nvidia’s move includes expanding an agreement involving SK Group.
- The investment is presented as part of broader, ongoing AI infrastructure deal activity.
Nvidia Corp. will invest $1 billion in Naver Corp. to help finance an AI data center under construction in South Korea, adding to a frenzy of deals by the world’s most valuable company.
4 hours agoNvidia Corp. will invest $1 billion in Naver Corp. to help finance an AI data center under construction in South Korea, adding to a frenzy of deals by the world’s most valuable company.
4 hours ago
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