[NAVER Signs $9 Billion Computing Power Contract with BioFeng, Nvidia to Become Third Largest Shareholder] NAVER announced on October 27 that it has signed a $9 billion (approximately 12 trillion won) computing infrastructure contract with BioFeng. Nvidia will subscribe to $1 billion (approximately 1.3 trillion won) of newly issued shares and become NAVER's third largest shareholder. This contract is part of the $10 billion global AI factory project announced by the three parties in July. NAVER will be responsible for operations, Nvidia will provide technical cooperation, and BioFeng will be responsible for financing. (Source: Yonhap News Agency)