Nvidia to invest US$1 billion in Naver, expand SK Group accord

Published Jul 25, 05:05 AM UTC

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Nvidia will invest US$1 billion in Naver to help finance an artificial intelligence data centre under construction in South Korea. The investment is part of a broader expansion of Nvidia's accord with SK Group, which includes plans to build more than 2 gigawatts of AI data centres on the Korean Peninsula. The deal underscores Nvidia's deepening ties with South Korean tech firms to bolster AI infrastructure in the region.

Source

The Business TimesRegional

Original headline: Nvidia to invest US$1 billion in Naver and expand SK Group accord

Original language: EN-US

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Nvidia South Korea