Naver Clarifies Brookfield-Funded Entity Will Build $9 Billion AI Infrastructure
- 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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Naver Corporation published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261027800446), on October 27, 2026, and is solely responsible for the information contained therein.