NAVER, Nvidia and Brookfield Propose $10 Billion-Plus Korean AI Factory Expansion

NAVER, NVIDIA, and Brookfield have announced a proposed expansion of Korea's sovereign AI factory infrastructure at the GAK Sejong data center, with plans to increase the NVIDIA DSX deployment from 55 megawatts to 200 megawatts by 2028. NVIDIA plans to invest $1 billion in NAVER, subject to customary closing conditions and NAVER finalizing at least $9 billion of committed financing separate from NVIDIA's investment. Brookfield has entered into a nonbinding term sheet to fund up to $9 billion, and NAVER will fund the remaining amounts required for the project. The planned infrastructure is expected to feature NVIDIA Vera Rubin and NVIDIA Blackwell platforms and provide production-scale AI compute to Korea- and U.S.-based AI innovators.

AI factory capacity expansion

• ▪NAVER Corporation intends to expand its long-term deployment of NVIDIA Corporation AI infrastructure to 1 gigawatt
• ▪NAVER Corporation, NVIDIA Corporation, and Brookfield Asset Management Inc. announced a planned expansion of South Korea's sovereign AI factory infrastructure from 55 megawatts to 200 megawatts by 2028
• ▪Under the proposed expansion, the planned 200-megawatt infrastructure would be built with the NVIDIA DSX platform at NAVER Corporation's GAK Sejong hyperscale data center in Sejong, South Korea

NVIDIA planned investment commitment

• ▪NVIDIA Corporation's planned $1 billion investment is subject to customary closing conditions and NAVER Corporation finalizing at least $9 billion of committed financing
• ▪NVIDIA Corporation plans to invest $1 billion into NAVER Corporation to help finance the AI data center project

Brookfield project financing terms

• ▪Brookfield Asset Management Inc. has entered into a nonbinding term sheet to fund up to $9 billion for the South Korean AI factory project
• ▪NAVER Corporation will fund the remaining amounts required to finance the AI factory project beyond the contributions from NVIDIA Corporation and Brookfield Asset Management Inc.

NVIDIA DSX platform deployment

• ▪The proposed expanded infrastructure would be built with the NVIDIA DSX platform. The 200-megawatt AI factory is expected to feature NVIDIA AI infrastructure including the NVIDIA Vera Rubin and NVIDIA Blackwell platforms.
• ▪The NVIDIA DSX platform features MaxLPS software to maximize token throughput per megawatt and DSX OS for lifecycle management and multi-tenant AI factory management

Open model development collaboration

• ▪NAVER Corporation is advancing its HyperCLOVA X models to be based on NVIDIA Corporation Nemotron 3 Ultra open models
• ▪NAVER Corporation plans to launch an AI agent platform in South Korea in the second half of 2026, powered by NVIDIA Agent Toolkit software