NAVER, NVIDIA and Brookfield Plan $10B Investment to Triple Korea's AI Factory Infrastructure

NAVER, NVIDIA and Brookfield to Expand Korea's National AI Factory Infrastructure Buildout

Planned Investments to Scale NAVER's Initial Multi-Tenant NVIDIA DSX AI Factory to 200 Megawatts by 2028, Fueling Next Generation of Korea and US AI Innovators * NAVER, NVIDIA and Brookfield plan to invest in gigawatt-scale, multi-tenant AI cloud infrastructure to power the next generation of AI companies in Korea and the U.S. * NAVER and NVIDIA team plan to expand the initial NVIDIA DSX AI factory buildout at GAK Sejong data center from 55 megawatts to 200 megawatts by 2028. * NAVER plans to continue its path toward gigawatt-scale sovereign AI infrastructure, deploying the NVIDIA DSX platform to deliver full-stack, lowest-cost AI factory infrastructure for enterprises, industries and government. AI Summit -- NAVER, NVIDIA and Brookfield today announced a proposed expansion of Korea's sovereign AI factory infrastructure, with planned investments that will grow the initial NVIDIA DSX™ AI factory deployment to 200 megawatts -- more than tripling the 55-megawatt buildout announced last month. NAVER intends to expand its deployment of NVIDIA AI infrastructure to 1 gigawatt. Announced during Korea President Jae Myung Lee's AI Summit visit to San Francisco, the planned 200-megawatt expansion marks a significant acceleration of Korea's national AI ambitions. The expanded infrastructure will be built with the NVIDIA DSX platform at NAVER's GAK Sejong hyperscale data center in Sejong, South Korea. NVIDIA plans to invest $1 billion into NAVER Corp. Brookfield has entered into a nonbinding term sheet to fund up to $9 billion. NAVER will fund the remaining amounts to finance the project. NVIDIA's planned investment is subject to customary closing conditions and NAVER finalizing at least $9 billion of committed financing for the project, separate from NVIDIA's planned investment. The expanded infrastructure will provide Korea- and U.S.-based AI innovators with access to production-scale AI compute for building next-generation models, agents and AI-powered services. "NVIDIA's planned strategic investment and our infrastructure supply agreement with Brookfield have propelled NAVER's vision for the AI factory business into a robust execution phase," said Haejin Lee, founder and chairman of NAVER. "Leveraging the solid partnerships with our global partners, we will drive technological innovation, foster a sovereign AI ecosystem and spearhead efforts to strengthen South Korea's AI competitiveness." "The partnership will combine Brookfield's global AI infrastructure investment capabilities, NAVER's full-stack AI and data center operating expertise, and NVIDIA's accelerated computing platform to advance Korea's AI capabilities," said Sikander Rashid, global head of AI infrastructure at Brookfield. "As AI adoption accelerates across the global economy, access to trusted, sovereign and scalable AI infrastructure is becoming an increasingly important strategic priority for companies and countries." "AI factories are the infrastructure nations need to compete and innovate in the intelligence era," said Jensen Huang, founder and CEO of NVIDIA. "Together, NAVER, NVIDIA and Brookfield are building sovereign AI infrastructure at the scale needed to fuel Korea's startups and industries. This is how nations and companies are building their futures in the age of AI." Expanding AI Factory Capacity to Fuel AI Innovators The 200-megawatt AI factory is expected to feature advanced NVIDIA AI infrastructure including the NVIDIA Vera Rubin and NVIDIA Blackwell platforms. It intends to provide the compute, software and support needed to develop and deploy competitive AI models and applications at scale. As an NVIDIA Cloud Partner, NAVER provides deep expertise in operating hyperscale infrastructure powered by the full-stack NVIDIA AI platform. Today's proposed expansion builds on the June announcement in which NAVER committed to extending its GAK Sejong data center with NVIDIA DSX, with a long-term path to gigawatt-scale sovereign AI infrastructure to serve Korea's enterprises, industries, government organizations and global AI cloud customers. Brookfield Investments Scale AI Infrastructure Deployments Brookfield has established one of the industry's leading AI infrastructure investment platforms, with approximately $100 billion of assets under management across the AI infrastructure value chain including data centers, compute, semiconductor manufacturing and dedicated power generation. The planned NAVER investment will mark another significant milestone in Brookfield's strategic partnership with NVIDIA. Building on NVIDIA's participation as a founding partner in the Brookfield Global AI Infrastructure Program, the planned investment combines Brookfield's capital and AI infrastructure and power expertise with NVIDIA's accelerated computing platform to support the deployment of large-scale AI factories. Brookfield has been an active, long-term investor in Korea since establishing a presence in the country in 2014 and currently manages approximately $12 billion of assets across infrastructure, real estate and energy. NVIDIA DSX Platform Powers Expansion The NVIDIA DSX platform provides an end-to-end, codesigned stack for AI factories -- spanning chips, systems, software, facilities and partner technologies -- purpose-built to minimize token cost and accelerate time to first production. NVIDIA DSX MaxLPS™ software maximizes token throughput per megawatt, while NVIDIA DSX OS™ provides lifecycle management, health automation, resiliency and multi-tenant AI factory management across the expanded infrastructure. Open Models Accelerate Growth In addition, the expanded infrastructure builds on NAVER and NVIDIA's collaboration on open model development for agentic and physical AI. NAVER is advancing its HyperCLOVA X models to be based on NVIDIA Nemotron™ 3 Ultra open models with its proprietary data and training expertise. NAVER is also the first Korean company to join the NVIDIA Nemotron Coalition, contributing to open model development across pretraining, post-training and reinforcement learning. NAVER plans to launch an AI agent platform in Korea in the second half of the year, powered by NVIDIA Agent Toolkit software including NVIDIA NemoClaw™ blueprints. NAVER is also developing a Seoul World Model using proprietary urban street-view and spatial modeling data, built on NVIDIA Cosmos™ world foundation models.

Naver gets $10 bil. investment from Nvidia, Brookfield - The Korea Times

Naver's logo is seen at its company's headquarters in Seongnam, Gyeonggi Province / Korea Times file Naver, the country's leading internet portal operator, has received a combined $10 billion investment commitment from Nvidia and U.S. private equity firm Brookfield to finance its project to build an artificial intelligence (AI) data center here. With the funding, Naver, also a major cloud service provider, will be able to accelerate its project, according to Lee Hae-jin, founder of Naver, in an AI summit held in San Francisco on Friday (local time). Earlier, Naver said it would work with Nvidia to build large-scale, global AI infrastructure, starting with an expansion of its data center in South Korea. Brookfield has agreed to invest up to $9 billion in Naver.

NAVER Corporation, NVIDIA Corporation And Brookfield Asset Management Inc. Expand Korea?s National AI Factory Infrastructure Buildout

NAVER Corporation, NVIDIA Corporation and Brookfield Asset Management Inc. announced a proposed expansion of Korea's sovereign AI factory infrastructure, with planned investments that will grow the initial NVIDIA DSX AI factory deployment to 200 megawatts ? more than tripling the 55-megawatt buildout announced last month. NAVER Corporation intends to expand its deployment of NVIDIA Corporation AI infrastructure to 1 gigawatt. The expanded infrastructure will be built with the NVIDIA DSX platform at NAVER Corporation?s GAK Sejong hyperscale data center in Sejong, South Korea. NVIDIA Corporation plans to invest $1 billion into NAVER Corporation. Brookfield Asset Management Inc. has entered into a nonbinding term sheet to fund up to $9 billion. NAVER Corporation will fund the remaining amounts to finance the project. NVIDIA Corporation?s planned investment is subject to customary closing conditions and NAVER Corporation finalizing at least $9 billion of committed financing for the project, separate from NVIDIA Corporation?s planned investment. The expanded infrastructure will provide Korea- and U.S.-based AI innovators with access to production-scale AI compute for building next-generation models, agents and AI-powered services. The partnership will combine Brookfield Asset Management Inc.?s global AI infrastructure investment capabilities, NAVER Corporation?s full-stack AI and data center operating expertise, and NVIDIA Corporation?s accelerated computing platform to advance Korea?s AI capabilities. The 200-megawatt AI factory is expected to feature advanced NVIDIA Corporation AI infrastructure including the NVIDIA Vera Rubin and NVIDIA Blackwell platforms. It intends to provide the compute, software and support needed to develop and deploy competitive AI models and applications at scale. As an NVIDIA Corporation Cloud Partner, NAVER Corporation provides deep expertise in operating hyperscale infrastructure powered by the full-stack NVIDIA Corporation AI platform. The proposed expansion builds on the June announcement in which NAVER Corporation committed to extending its GAK Sejong data center with NVIDIA DSX, with a long-term path to gigawatt-scale sovereign AI infrastructure to serve Korea?s enterprises, industries, government organizations and global AI cloud customers. Brookfield Asset Management Inc. has established one of the industry?s leading AI infrastructure investment platforms, with approximately $100 billion of assets under management across the AI infrastructure value chain including data centers, compute, semiconductor manufacturing and dedicated power generation. The planned NAVER Corporation investment will mark another significant milestone in Brookfield Asset Management Inc.?s strategic partnership with NVIDIA Corporation. Building on NVIDIA Corporation?s participation as a founding partner in the Brookfield Asset Management Inc. Global AI Infrastructure Program, the planned investment combines Brookfield Asset Management Inc.?s capital and AI infrastructure and power expertise with NVIDIA Corporation?s accelerated computing platform to support the deployment of large-scale AI factories. Brookfield Asset Management Inc. has been an active, long-term investor in Korea since establishing a presence in the country in 2014 and currently manages approximately $12 billion of assets across infrastructure, real estate and energy. The NVIDIA DSX platform provides an end-to-end, codesigned stack for AI factories ? spanning chips, systems, software, facilities and partner technologies ? purpose-built to minimize token cost and accelerate time to first production. NVIDIA DSX MaxLPS software maximizes token throughput per megawatt, while NVIDIA DSX OS provides lifecycle management, health automation, resiliency and multi-tenant AI factory management across the expanded infrastructure. The expanded infrastructure builds on NAVER Corporation and NVIDIA Corporation?s collaboration on open model development for agentic and physical AI. NAVER Corporation is advancing its HyperCLOVA X models to be based on NVIDIA Corporation Nemotron 3 Ultra open models with its proprietary data and training expertise. NAVER Corporation is also the first Korean company to join the NVIDIA Corporation Nemotron Coalition, contributing to open model development across pretraining, post-training and reinforcement learning. NAVER Corporation plans to launch an AI agent platform in Korea in the second half of the year, powered by NVIDIA Corporation Agent Toolkit software including NVIDIA Corporation NemoClaw blueprints. NAVER Corporation is also developing a Seoul World Model using proprietary urban street-view and spatial modeling data, built on NVIDIA Corporation Cosmos world foundation models.