Naver secures $9 billion AI computing infrastructure deal with Brookfield

Naver Brookfield Nvidia AI infrastructure AI factory

Naver has entered into a $9 billion (approximately 12 trillion won) agreement with global asset manager Brookfield to secure artificial intelligence computing infrastructure. Under the deal, a special purpose vehicle named Asset Co., established by Brookfield, will acquire GPUs and data centers to provide computing power to Naver Cloud.

This agreement fulfills a prerequisite for a $1 billion strategic investment by Nvidia, which is expected to become Naver’s third-largest shareholder following a third-party allotment of new shares. The partnership is part of a broader $10 billion global AI factory initiative involving Naver, Nvidia, and Brookfield.

To facilitate the agreement, Naver has provided a payment guarantee of up to 18.74 trillion won for Naver Cloud’s computing service fees through 2034. Naver plans to scale its AI infrastructure capacity to 55MW by early 2027 and reach 200MW by 2028, utilizing its ‘Sejong’ hyperscale data center as a primary hub for global expansion.

Entities

Asset Co. · Brookfield · Brookfield Asset Management · GAK Sejong · Lee Hae-jin · Naver · Naver Cloud · Nvidia

Claims

What the coverage asserts, and how many sources carry each claim.

[● 6 SOURCES] Naver signed a 9 billion dollar computing infrastructure contract with Brookfield. www.namdonews.com · www.sisajournal.com · www.inthenews.co.kr · byline.network · www.mingtiandi.com
[○ 1 SOURCE] Naver provided a payment guarantee of up to 18.74 trillion won for Naver Cloud's computing service fees. byline.network
[● 5 SOURCES] The Brookfield deal fulfills the prerequisite for Nvidia's 1 billion dollar strategic investment in Naver. www.sisajournal.com · www.inthenews.co.kr · byline.network · www.mingtiandi.com
[● 3 SOURCES] Brookfield will establish a special purpose vehicle named Asset Co. to invest in AI infrastructure. www.inthenews.co.kr · byline.network
[○ 1 SOURCE] Naver's stock rose over 5% in early trading following the announcement. www.namdonews.com
[● 2 SOURCES] Nvidia will provide technical cooperation using next-generation high-performance computing platforms like DSX. www.inthenews.co.kr
[● 2 SOURCES] Nvidia is expected to become Naver's third-largest shareholder. www.sisajournal.com · www.mingtiandi.com
[● 2 SOURCES] Naver plans to expand AI infrastructure capacity to 55MW in early 2027 and 200MW by 2028. www.inthenews.co.kr · byline.network