According to The Chosun Daily, Naver signed a 2 trillion won ($1.5 billion) contract with an unnamed U.S. AI inference company on November 12 to supply approximately 20 megawatts of data center capacity, with deliveries beginning in 2027. The agreement is expected to generate $1.5 billion in revenue over five years.
Naver is also negotiating with Nvidia to secure Vera Rubin graphics processing units for its AI Factory project despite limited chip availability. The company said it is in discussions with at least 10 potential customers and expects the AI Factory to begin contributing operating profit in 2027.