Naver signs 2 trillion won AI computing deal with US firm
The five-year contract covers about 20 megawatts of capacity and includes supply of Nvidia B300 and next-generation Vera Rubin GPUs.
Naver has signed a computing service supply contract worth about 2 trillion won with an unnamed US AI inference company, the company announced on November 12, 2026, according to aitimes.com. The deal marks Naver's first contract in its AI factory business.
The contract covers about 20 megawatts of power capacity and includes the supply of Nvidia B300 and next-generation Vera Rubin GPUs. The term runs for about five years, with commercial service scheduled to begin in the first half of 2027 and revenue recognized sequentially.
Naver said it is negotiating contracts with more than 10 additional companies. The company also plans to expand its data center operation to 55MW next year and to about 200MW by 2028.
Personal AI agent due this year
The company said it will release a personal AI agent app within the year, supporting product search through booking and payment. Between March and September, users of its shopping AI agent grew about 5x and transaction value about 4x. Its PowerLink search ad, which applies an AI prediction model, improved click-through rate by 12% and conversions by 9%.
In the third quarter, Naver reported revenue of 3.4724 trillion won, up 10.7% year on year, while operating profit fell 20.9% to 451.3 billion won. Infrastructure costs rose 29.1% and marketing costs rose 32.3% in the quarter. Platform revenue reached 1.9484 trillion won, Financial Platform 487.7 billion won and Global Challenge 1.0364 trillion won, with enterprise revenue within Global Challenge at 193.3 billion won, up 33.0%.
Naver is pursuing the AI factory business together with Nvidia and Brookfield.
Quick answers
How much is Naver's AI computing contract worth?
About 2 trillion won, covering roughly 20 megawatts of power capacity over a term of about five years.
When does the Naver AI factory service start?
Commercial service is scheduled to start in the first half of 2027, with revenue recognized sequentially.
Which GPUs are included in the deal?
Nvidia B300 and next-generation Vera Rubin GPUs.