NVIDIA and Brookfield Back Naver’s Global AI Factory Plan With $10 Billion
South Korea’s Naver is preparing to make a major leap into the global artificial intelligence infrastructure market. Naver founder and board chairman Lee Hae-jin said that NVIDIA and global alternative asset manager Brookfield would invest a combined $10 billion, approximately 14.6 trillion won, in connection with Naver’s AI factory expansion. AI-generated image Lee announced the plan on July 24 during the AI San Francisco Summit attended by South Korean President Lee Jae Myung. Photo: Newsis The partnership could become a turning point for Naver, helping transform the company from a domestic internet platform into a global AI infrastructure provider. What Is an AI Factory? An AI factory is more than a conventional data center. It combines large clusters of GPUs, high-speed networking, power and cooling infrastructure, cloud platforms and AI software to provide the computing capacity required to train and operate artificial intelligence models. In simple terms, a traditiona...