Naver, Brookfield accelerate $9b AI factory in Korea
Tech in Asia·2026-09-04 20:00
Naver, a South Korea-based internet and technology company, and Brookfield Asset Management, an asset manager, said that they were speeding up work on a 1-gigawatt AI factory.
Brookfield agreed to invest up to US$9 billion in the initial 200-megawatt phase at Naver’s Gak Sejong data center in Sejong City.
Naver said it is working with Nvidia on the first phase, which was expanded from an original plan of 55 megawatts plan. The project is expected to use about 100,000 Nvidia graphics processing units based on the Vera Rubin and Blackwell platforms.
Brookfield said it would also support equipment procurement and customer acquisition.
Gak Sejong is Naver’s hyperscale data center in Sejong City and part of a 270-megawatt campus that opened in November 2023.
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