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Nvidia becomes Naver's third-largest shareholder with $1 billion investment

Original article in Korean엔비디아, 네이버 3대 주주로…1.3조 다음 달 6일 납입

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Summary

Nvidia will invest $1 billion in Naver through a third-party allocation, making it Naver's third-largest shareholder. The two companies set a condition requiring Naver to secure a minimum of $9 billion in computing infrastructure for its AI Factory business, which Naver fulfilled through a recent Brookfield agreement.

#nvidia#investment#naver
Read the originalaitimes.com · in Korean
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Read the originalaitimes.com · in Korean