Naver Chairman Lee Haejin Meets with Brookfield Chairman for Follow-up Talks on AI Factory Project

Lee Haejin, Chairman of Naver, and Bruce Flatt, Chairman of Brookfield Asset Management, met to continue discussions on the artificial intelligence (AI) factory project.

On the 3rd, Bruce Flatt, Chairman of Brookfield Corporation, and Junwoo Park, CEO of Brookfield Korea, visited Naver 1784 located in Seongnam, Gyeonggi Province, and held follow-up discussions with Lee Haejin, Chairman of Naver, and Suyeon Choi, CEO of Naver, regarding the global AI factory construction project. Naver.

Naver announced on the 4th that Chairman Lee and Chairman Flatt held follow-up discussions on the 1 gigawatt (GW)-scale AI factory project the previous day at Naver 1784 headquarters in Seongnam, Gyeonggi Province.

Chairman Lee expressed gratitude to Brookfield for supporting Naver's vision for the AI factory project through bold investment decisions. He stated, "By combining Brookfield's expertise accumulated in the infrastructure investment sector with Naver's AI technology, I look forward to the two companies leading the global AI infrastructure market together."

Chairman Flatt said, "We will not merely serve as capital investors, but become partners who provide tangible support to the overall business by efficiently sourcing equipment and infrastructure, as well as attracting customers."

In July, Brookfield committed up to 9 billion dollars (approximately 12 trillion won) for the first phase of the 1 GW AI factory construction project being jointly pursued by Naver and NVIDIA. The two companies plan to continue their partnership in subsequent phases as well.

This content was produced with the assistance of AI translation services.