Seoul: Naver Corp., the country's leading internet portal operator, has received a combined US$10 billion investment commitment from Nvidia and Canadian asset manager Brookfield to finance its project to build an artificial intelligence (AI) data center here.

According to Yonhap News Agency, with the funding, Naver, also a major cloud service provider, will be able to accelerate its project, as stated by Lee Hae-jin, founder of Naver, in an AI summit held in San Francisco on Friday (local time).

Earlier, Naver announced its collaboration with Nvidia to construct large-scale, global AI infrastructure, beginning with the expansion of its data center in South Korea. Brookfield has agreed to invest up to $9 billion in Naver.