Nvidia plans to invest $1B in Naver to help finance an AI data center in South Korea, and partners with SK Group to build more than 2 GW of AI data centers (Ian King/Bloomberg)
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- Nvidia plans to invest $1 billion in Naver Corp. to help finance an AI data center currently under construction in South Korea.
- Nvidia is partnering with SK Group to build more than 2 GW of AI data centers.
Why it matters: Nvidia is committing $1 billion in equity to a single Naver-backed South Korean data center while simultaneously anchoring a multi-gigawatt buildout with SK Group — a capital deployment that goes well beyond chip sales and signals Nvidia taking direct ownership stakes in the AI infrastructure stack it sells into.
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