Nvidia plans to invest $1B in Naver to help finance an AI data center in South Korea, and partners with SK Group to build more than 2 GW of AI data centers (Ian King/Bloomberg)

Techmeme ·

Nvidia is financing South Korean AI infrastructure with Naver and SK Group, expanding regional compute capacity at gigawatt scale.

Categories: Money & Moves

Excerpt

<a href="https://www.bloomberg.com/news/articles/2026-07-24/nvidia-to-invest-1-billion-in-naver-and-expand-sk-group-accord?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4NDkzODk3OCwiZXhwIjoxNzg1NTQzNzc4LCJhcnRpY2xlSWQiOiJUSVA0QTZLR0lGUEUwMCIsImJjb25uZWN0SWQiOiI4OUM4OTNDMDhGOTQ0NThDQkQwQTQyREY1RDFCOTY0QyJ9.RTZs72B-BUZBHv-zAv89Ctqrtb57kaEefkk2X5JEYYU"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260724/i37.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260724/p37#a260724p37" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Ian King / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-07-24/nvidia-to-invest-1-billion-in-naver-and-expand-sk-group-accord?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4NDkzODk3OCwiZXhwIjoxNzg1NTQzNzc4LCJhcnRpY2xlSWQiOiJUSVA0QTZLR0lGUEUwMCIsImJjb25uZWN0SWQiOiI4OUM4OTNDMDhGOTQ0NThDQkQwQTQyREY1RDFCOTY0QyJ9.RTZs72B-BUZBHv-zAv89Ctqrtb57kaEefkk2X5JEYYU">Nvidia plans to invest $1B in Naver to help finance an AI data center in South Korea, and partners with SK Group to build more than 2 GW of AI data centers</a></b></span>&nbsp; &mdash;&nbsp; Nvidia Corp. will invest $1 billion in Naver Corp. to help finance an AI data center under construction in South Korea &hellip; </p>