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Search results for Gak Sejong

Games & Commerce

Naver seeks investment in 216 MW solar project to secure power for data centres

Naver is seeking a stake investment and a long-term power purchase agreement for a 216 MW solar power project to meet electricity demand from its AI and cloud data centres. The company signed an MOU with Asian renewable energy developer Gurin Energy to secure renewable power for data centres. The companies will discuss investment size and purchase terms, aiming to sign a definitive agreement by year-end.

Industry

AI factory build in Korea leaves server, cooling supply chain tied to Taiwan

Construction of gigawatt-scale AI factories in South Korea is getting under way, but server assembly and liquid-cooling component supply chains are controlled by Taiwanese companies, raising concerns that Korean materials and parts suppliers are being sidelined. Nvidia plans to ship fully assembled compute trays from its next-generation Vera Rubin platform, narrowing assembly partners to Foxconn, Quanta and Wistron. Cooling component suppliers Auras and AVC have also taken an early lead.

AI & Enterprise

Naver AI factory in talks on Nvidia GPUs, Brookfield funding to cut investment burden

Naver is pursuing a plan to build its AI factory by receiving graphics processing units from Nvidia and securing computing infrastructure through a separate investment structure under discussion with Brookfield Asset Management. Under the structure, an SPV funded through project financing would buy and own GPUs and data centre facilities, while Naver would operate the business and pay for use. The first phase targets 200 MW by 2028, starting at its Gak Sejong data centre.