Naver, Nvidia join hands to establish 200 MW AI factory by 2028
Brookfield is expected to provide the $9 billion worth of computing infrastructure through project financing, and Naver is set to designate the Toronto-based…
- Center1
- Agency1
1 agency rewrite / co-publication detected
Summary
Brookfield is expected to provide the $9 billion worth of computing infrastructure through project financing, and Naver is set to designate the Toronto-based asset manager as the preferred bidder for the next 12 weeks as they continue discussions to finalize the agreement. Naver, Nvidia join hands to establish 200 MW AI factory by 2028. The expected investments will be made through 2028, but the amount that will directly come from Naver has not been decided yet, the latest report said.
Furthermore, Nvidia plans to make an equity investment of around $1 billion by acquiring common shares of Naver through a third-party private placement. The South Korean portal operator will spearhead the acquisition of the data center site, as well as its construction and operations, while Nvidia will participate as the graphic processing unit supplier, according to the filing. The announcement came after a high-level meeting held last week with the heads of South Korean conglomerates and tech giants from the United States, which came on the sidelines of President Lee Jae Myung's visit to San Francisco.
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
Brookfield is expected to provide the $9 billion worth of computing infrastructure through project financing, and Naver is set to designate the Toronto-based asset manager as the preferred bidder for the next 12 weeks as they continue discussions to finalize the agreement.
reliability low1/2 sourcesNaver, Nvidia join hands to establish 200 MW AI factory by 2028.
reliability low1/2 sourcesNvidia Corp.'s chief executive officer Jensen Huang, South Korean President Lee Jae Myung, and Naver Corp.'s founder and board chair, Lee Hae-jin, pose for a photo at an event in San Francisco, United States, on Saturday. (Yonhap) Naver Corp. said in a regulatory filing Monday it has agreed on a strategic partnership with US chip giant Nvidia Corp. to jointly establish a massive, global artificial intelligence factory.
reliability low1/2 sourcesThe expected investments will be made through 2028, but the amount that will directly come from Naver has not been decided yet, the latest report said.
reliability low1/2 sourcesNvidia plans to make an equity investment of around $1 billion by acquiring common shares of Naver through a third-party private placement.
reliability low1/2 sourcesThe South Korean portal operator will spearhead the acquisition of the data center site, as well as its construction and operations, while Nvidia will participate as the graphic processing unit supplier, according to the filing.
reliability low1/2 sourcesThe announcement came after a high-level meeting held last week with the heads of South Korean conglomerates and tech giants from the United States, which came on the sidelines of President Lee Jae Myung's visit to San Francisco.
reliability low1/2 sources
Disputedincompatible versions — to verify
No factual contradiction detected between sources.
Framing by sidesame fact, different words — loaded terms highlighted
No notable framing divergence.
Blind spotwhat one side keeps silent
No blind spot detected: every side covers the same facts.
Sources2 sources cross-checked
Center1
Agency1
