NVIDIA to Invest $1.01B in Naver for AI Data Center, Taking 4.5% Stake
NVIDIA plans to invest about $1.01 billion in Naver to fund an AI data center and will take a 4.5% stake after closing. The deal follows prior agreements with South Korean firms on large-scale AI infrastructure. Capacity is expected to rise from 55 MW in early 2027 toward gigawatt-scale, while Naver cancels 1.017 trillion won of treasury shares and seeks more funding via Brookfield talks.