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NAVER signs Brookfield compute agreement worth up to $9 billion
NAVER says it signed an agreement under which a Brookfield-funded vehicle would invest up to $9 billion in GPUs and data centers and supply compute to NAVER Cloud. NAVER says this meets a precondition for a planned NVIDIA equity investment, but the equity issuance details are still to come. The companies target 55 MW in the first half of 2027, not capacity operating now; NAVER also agreed to guarantee some subsidiary usage obligations for up to eight years.
Primary source · NAVER · October 27, 2026
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