Naver Holds Follow-Up Talks With Brookfield Chair on AI Factory Project
TECHWORLD ·
✦ AI Summary
Naver Chairman Lee Hae-jin met with Bruce Flatt, chairman of Brookfield Asset Management, at Naver's 1784 building on the 3rd.
The meeting was held to discuss follow-up steps for the AI factory construction project.
Brookfield has decided to invest up to USD 9 billion in the 200MW first phase of the AI factory, and Naver and Nvidia are pushing ahead with a 1GW-scale AI factory construction project.
Naver Chairman Lee Hae-jin met with Bruce Flatt, chairman of Brookfield Asset Management, at Naver's 1784 building on the 3rd. The meeting was held to discuss follow-up steps for the AI factory construction project.
The meeting took place as follow-up discussions to flesh out the project after Brookfield's decision to invest in the first phase of the AI factory. Naver and Nvidia are pushing ahead with a 1GW-scale AI factory construction project.
Brookfield, a global alternative asset manager, has more than USD 1 trillion in assets under management. Brookfield has decided to invest up to USD 9 billion in the 200MW first phase of the project, and plans to continue its partnership in subsequent phases after the first-phase financing.
Chairman Lee expressed gratitude for Brookfield's investment decision in the AI factory project. He also said he looked forward to combining Brookfield's infrastructure investment capabilities with Naver's AI technology, and to the two companies jointly leading the global AI infrastructure market.
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Source: TECHWORLD · Kim Hye-jin
Original: https://www.epnc.co.kr/news/articleView.html?idxno=406564
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Source: TECHWORLD
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