
The strategic investment will fund GPU supply and equipment to accelerate Naver's AI factory development
Nvidia to acquire 4.5% stake in Naver with $1 billion investment
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Summary
Naver Chairman of the Board Hae-jin Lee, CEO Soo-yeon Choi, and Naver Cloud CEO Yoo-won Kim, among others, met with NVIDIA CEO Jensen Huang and other executives at NVIDIA headquarters on the 24th (local time) to sign the investment agreement.
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Naver Chairman of the Board Hae-jin Lee, CEO Soo-yeon Choi, and Naver Cloud CEO Yoo-won Kim, among others, met with NVIDIA CEO Jensen Huang and other executives at NVIDIA headquarters on the 24th (local time) to sign the investment agreement.
according to Maeil Business
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