Naver Clarifies Brookfield-Funded Entity Will Build $9 Billion AI Infrastructure
Bitget2026/10/27 07:32- Naver's October 27, 2026, correction confirms completion of computing infrastructure contracts for its $9 billion AI factory plan through 2028.
- Asset Co., to be established by a Brookfield AI Infrastructure Fund investment vehicle, will develop the infrastructure.
- Naver Cloud will use Asset Co.'s GPU computing services to provide AI data center services to customers.
- Brookfield's investment vehicle will own 100% of Asset Co., which will be consolidated as a Naver subsidiary under K-IFRS control criteria.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitmine Buys 9,587 ETH as Holdings Near 5% of Ethereum Supply

Ekopak Expands Wastewater Treatment Plant at Mark Anthony Brewing
Vodafone (VOD.US) Swings to Loss in First Half, German Operations Major Drag
Vodafone (VOD.US) released its financial results for the first half of fiscal year 2027.
AI gamble backfires! Data center project writedowns and weak tech stock positions drag down SoftBank (SFTBY.US) to a Q2 loss of $7.1 billion
SoftBank recorded its first net loss in nearly two years due to a $3.7 billion impairment loss arising from a U.S. data center project, coupled with mounting market concerns over the sustainability of artificial intelligence (AI) growth impacting the investment giant’s key holdings.