US EditionNaver to Invest over $690 Mil. in GPU From Next Year
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2 Articles
Naver to invest over $690 mil. in GPU from next year
Naver plans to invest at least 1 trillion won ($690 million) starting next year to secure graphics processing units (GPUs) and expand infrastructure for its artificial intelligence (AI) business, including physical AI, the company said Wednesday. During its third-quarter earnings call, Naver CFO Kim Hee-cheol said the company’s AI services are beginning to have tangible results, and that “capital expenditures will gradually expand in line with t…
[Digital Daily Reporter Ian Na] Naver is accelerating its efforts to secure graphics processing units (GPUs), a key component of its massive artificial intelligence (AI) competitiveness. With its GPU-as-a-service (GPUaaS) business in full swing, the enterprise division continues to grow, centered on AI infrastructure such as physical AI and industry-tailored private clouds. According to Naver on the 5th, Naver's consolidated revenue for the thi…
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