Naver Cloud said on Tuesday it signed a wide-ranging partnership with France\'s Mistral AI to jointly target the manufacturing AI market. The companies, both members of Nvidia\'s Nemotron Alliance, said they will develop joint business in manufacturing and pursue global manufacturers with sovereign AI solutions aligned with data sovereignty needs in Europe and Asia. They also plan to start business in South Korea, supplying Mistral AI models via Naver Cloud and providing on-site engineering support.

Naver Pay\'s Npay (네이버페이) launched a venture capital investment platform with South Korea\'s Financial Supervisory Service to connect startups and venture companies with investors. The platform, called \"Npay Startup\", aims to reduce information asymmetry in the venture investment market by standardising disclosures and broadening access to investment opportunities. It offers tools for fund providers, managers and companies, including AI-generated company pages, AI summaries and search, and will run a pilot for about three months.