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Brookfield Asset Management Partners With Nvidia to Boost Korea's AI Infrastructure

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Brookfield Asset Management (BAM.TO) is partnering with Nvidia (NVDA) to expand South Korea's sovereign AI factory infrastructure.

The 200-megawatt expansion, which is more than three times the 55-megawatt plan announced last month, significantly accelerates Korea's national AI ambitions, a statement said. Naver, South Korea's largest internet company aims to expand its deployment of Nvidia AI infrastructure to 1 gigawatt.

Brookfield plans to fund up to $9 billion for AI infrastructure, while Nvidia said it plans to invest $1 billion into Naver.

"The partnership will combine Brookfield's global AI infrastructure investment capabilities, NAVER's full-stack AI and data center operating expertise, and NVIDIA's accelerated computing platform to advance Korea's AI capabilities," said Sikander Rashid, global head of AI infrastructure at Brookfield.

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