Naver opened Phase 1 of its Gak Sejong data center in late 2023 with an initial $500 million investment. Known as the "Cloud Ring," the 290,000-square-meter (3.1 million sq ft) facility is designed to host up to 600,000 servers at full buildout. Initial planning began in 2019, followed by construction in 2021. Phase 1 represents approximately one-third of the total complex, with Phase 2 and Phase 3 expansions planned for 2028 and 2029.
Under a $10 billion initiative backed by Nvidia ($1 billion) and Brookfield Asset Management (up to $9 billion in project financing), Naver is designating a dedicated portion of the campus for an Nvidia DSX AI factory platform. The deployment will utilize Nvidia’s Blackwell and Vera Rubin GPU hardware, scaling in phases from H1 2027 through 2028 to support South Korea's sovereign AI infrastructure.
| Distance | Site | About |
|---|---|---|
| 4.47 miles | OKESTRO: Sejong |
The recently founded cloud company, Okestro, is investing 700 billion won ($477.9 million) to transform the vacant Sejong Finance Center II into a new data center.
|
| 10.52 miles | LG CNS Daejeon | |
| 10.53 miles | KT Cheongju IDC |
|
NAVER Corp. is a global ICT company, providing South Korea’s number one search portal "NAVER" and its subsidiaries and affiliates provide services, including LINE messenger, SNOW camera app, digital comics platform NAVER WEBTOON, group social media platform, NAVER BAND, and metaverse platform ZEPETO.
The sustained research and development of AI, robotics, mobility, and other future technology trends are propelling NAVER forward, in pursuit of the transformation and innovation of technology platforms, while it also remains devoted to a paradigm of shared growth, joining hands with users from the global community as well as a vast number of partnerships.
In 2018, NAVER was ranked as the 9th most innovative company by Forbes and top 6th Future 50 company by Fortune magazine.
August 14, 2026 Naver Corp.
South Korean cloud provider Naver has invested in US-based offshore wave-powered data center startup Panthalassa.The investment aims to strengthen Naver’s position in next-generation AI data center technologies powered by renewable energy. The amount invested was not disclosed. Washington-based...
Read more
August 01, 2026 Seoul
South Korean conglomerate LG will invest an additional 1.3 trillion won ($910 million) in its 200MW data center project in Paju, located about 19 miles (31km) north of Seoul, according to local reports. The new investment more than doubles LG’s previous commitment of 615.6 billion won ($441.7...
Read more
June 16, 2026 Seoul
NFD Korea is planning a 300MW data center campus in Dangjin, a city south of Seoul. The 43,188 sqm (464,871 sq ft) facility will include six buildings, each with 50MW of capacity. The company has secured construction permits and a power agreement with Korea Electric Power Corporation, with...
Read more
May 02, 2026 Naver Corp.
Cryptocurrency and HPC data center developer MARA Holdings has signed an agreement to acquire a 505MW combined-cycle gas turbine (CCGT) power plant in Hannibal, Ohio, along with more than 1,600 acres of land suitable for a large-scale data center campus. MARA will acquire the Long Ridge Energy...
Read more
April 24, 2026 Naver Corp.
South Korean AI cloud company Naver has secured a 400 billion won ($270 million) loan from the country’s Public Growth Fund to support the development of its AI data center in Sejong. Approved by the Financial Services Commission (FSC), the financing will fund the expansion of Naver’s Sejong...
Read more
Mar 12, 2026 Eric Bell World
Go to Podcast
Jan 15, 2026 Eric Bell Applied Digital
Go to Podcast
Jan 05, 2026 Eric Bell Dallas
Go to Podcast
Sep 04, 2025 Eric Bell Texas
Go to Podcast