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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- AI Times
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- 4/5
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.