Economic TimesLean R·
Global Market Update | South Korea's Naver jumps 10% on Nvidia's $1 billion investment plan
Nvidia will invest one billion dollars in Naver's new shares. This investment supports expanding an AI data center project in South Korea. Brookfield will provide up to nine billion dollars in financing for this initiative. The expanded data center will utilize Nvidia's chip platforms by 2028. This collaboration aims to tap into sovereign AI demand across global regions.
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