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Aug 13, 2026

Naver invests in US startup developing wave-powered floating AI data centers

South Korean tech company Naver Corp. has invested in a U.S. startup that is developing wave-powered floating data centers for AI infrastructure. The investment amount was not disclosed, but represents part of Naver's push to strengthen next-generation AI data center capabilities.

Aug 13, 2026·2 sources
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Top claims

  • ▪Naver Corporation Chief Executive Officer Choi Soo-yeon stated on August 13, 2026, that the company is expanding into artificial intelligence data centers and making early investments in next-generation technologies to strengthen global infrastructure competitiveness.
  • ▪Naver Corporation did not disclose the financial details of its investment in the Oregon-based startup Panthalassa.
  • ▪Naver Corporation's investment in the startup Pantala, announced on August 13, 2026, is part of an effort to expand its artificial intelligence infrastructure and competitiveness through global partnerships and next-generation renewable energy.

Topics

AI startupsCompute, chips & AI infrastructureRenewable energy

Related entities

South KoreaUnited States