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Cartis diligence evidence schedule

NAVER Global AI Factory Program

PRJ-0347 · Program · Korea, South Korea

Captured 2026-09-06T04:12:25.572Z · Record last updated 2026-08-25

SHA-256: e1f88ae61a89035b24b2bce10e2539228272791a246fbd857b8fbf34f83a6772

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Scope and capacity

NAVER Global AI Factory Program is located in Korea and overseas locations undisclosed, KR and is a program in proposed status.

Headline:

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Claims and exhibit sources

Global Capacity Objective · 1 GW

actual · NAVER Global AI Factory Program (project)

Claim 32133 · Review: Approved · Claim date: Not published

  1. NAVER, NVIDIA and Brookfield to Expand Korea's National AI Factory Infrastructure Buildout

    Brookfield Asset Management · Document date: 2026-07-27 · Corroborating

    https://bam.brookfield.com/press-releases/naver-nvidia-and-brookfield-expand-koreas-national-ai-factory-infrastructure
  2. NAVER, NVIDIA and Brookfield to Expand Korea's National AI Factory Infrastructure Buildout

    NVIDIA · Document date: 2026-07-24 · Primary

    https://nvidianews.nvidia.com/news/naver-nvidia-and-brookfield-to-expand-koreas-national-ai-factory-infrastructure-buildout

Overseas Capacity Target 2027 · 100 MW

Planned / design or future potential · NAVER Global AI Factory Program (project)

Claim 32134 · Review: Approved · Claim date: Not published

Headline treatment: Separate claim, not added to the headline

  1. NAVER to Establish AI Infrastructure Based on NVIDIA DSX

    NAVER · Document date: 2026-06-08 · Primary

    https://www.navercorp.com/en/media/pressReleasesDetail?seq=10034386

Overseas Capacity Target 2028 · 200 MW

Planned / design or future potential · NAVER Global AI Factory Program (project)

Claim 32135 · Review: Approved · Claim date: Not published

Headline treatment: Separate claim, not added to the headline

  1. NAVER to Establish AI Infrastructure Based on NVIDIA DSX

    NAVER · Document date: 2026-06-08 · Primary

    https://www.navercorp.com/en/media/pressReleasesDetail?seq=10034386

Nvidia Equity Investment Announced · $1 billion

actual · NAVER Global AI Factory Program (project)

Claim 32136 · Review: Approved · Claim date: Not published

  1. Nvidia to acquire $1 billion in new shares of South Korea's Naver

    Reuters · Document date: 2026-07-26 · Corroborating

    https://www.reuters.com/business/media-telecom/nvidia-acquire-1-billion-new-shares-south-koreas-naver-2026-07-26/
  2. NAVER, NVIDIA and Brookfield to Expand Korea's National AI Factory Infrastructure Buildout

    NVIDIA · Document date: 2026-07-24 · Primary

    https://nvidianews.nvidia.com/news/naver-nvidia-and-brookfield-to-expand-koreas-national-ai-factory-infrastructure-buildout

Brookfield Nonbinding Financing Term Sheet · $9 billion

actual · NAVER Global AI Factory Program (project)

Claim 32137 · Review: Approved · Claim date: Not published

  1. NAVER, NVIDIA and Brookfield to Expand Korea's National AI Factory Infrastructure Buildout

    Brookfield Asset Management · Document date: 2026-07-27 · Corroborating

    https://bam.brookfield.com/press-releases/naver-nvidia-and-brookfield-expand-koreas-national-ai-factory-infrastructure
  2. NAVER, NVIDIA and Brookfield to Expand Korea's National AI Factory Infrastructure Buildout

    NVIDIA · Document date: 2026-07-24 · Primary

    https://nvidianews.nvidia.com/news/naver-nvidia-and-brookfield-to-expand-koreas-national-ai-factory-infrastructure-buildout

Counterparties and capital

NVIDIA · Investor · CMP-0010

Conditional Equity Investment

$1,000,000,000 · 2026-07-24

NVIDIA investment in new NAVER shares; subject to customary closing and financing conditions.

NAVER Corporation (Share Issuer) · NVIDIA (Proposed Equity Investor)

Financing record 90; claim-specific source links appear in the exhibit sources where published.

Nonbinding Financing Term Sheet

$9,000,000,000 · 2026-07-24

Up-to financing framework with Brookfield; not a closed or fully committed project facility.

Brookfield Asset Management (Nonbinding Financing Counterparty) · NAVER Corporation (Prospective Borrower / Sponsor)

Financing record 91; claim-specific source links appear in the exhibit sources where published.

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