SEOUL, July 27 : South Korea's Naver said in a regulatory filing on Monday that Nvidia will acquire $1 billion of its shares to be newly issued as part of an investment partnership to build a new data center.

Naver secures $1B from Nvidia and up to $9B from Brookfield to build gigawatt-scale AI data centers in South Korea, targeting full deployment by

Naver plans to triple its data center capacity through a partnership with Nvidia while pursuing $6.8B in AI funding and a $10.3B crypto exchange