Nvidia completes $1 billion investment in Naver, acquiring a 4.13% stake.

Nvidia has completed its $1 billion investment payment and acquired a 4.13% stake in Naver through a third-party share placement. Naver issued over 6.5 million shares in a private placement, raising approximately 1.3 trillion won. (Source: Yonhap News Agency) This investment will accelerate the AI factory collaboration project announced by both parties in June this year. Naver plans to build GPU-based infrastructure starting with the Gak Sejong data center in Sejong City and expand its GPU-as-a-Service business.