Loading...
Brookfield Bank has appointed KB Kookmin Bank as the lead arranger for an $8 billion syndicated loan to South Korean tech giant NAVER for the purchase of artificial intelligence chips. This 10.7 trillion won loan is part of a total 12.6 trillion won financing package, and the funds will be used to purchase AI computing infrastructure, including GPUs. The chips will be provided to NAVER Cloud on a long-term lease basis. (Source: Jinshi)