Korean internet giant Naver, in partnership with Nvidia, Nexus Core Systems, and investment firm Lloyds Capital, is planning a data center development in Morocco. Construction is scheduled to begin on the first phase of the project in Q4 2025. The site is then expected to be gradually expanded to a maximum of 500MW.
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.
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...
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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...
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December 09, 2025 Morocco
Helios Investment Partners and Fipar-Holding, a subsidiary of CDG Invest, this week announced the creation of 3MDC, a new digital infrastructure platform, as they have merged three Moroccan companies into a new IT services player.The new unit brings together three existing Moroccan players with...
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June 13, 2025 Morocco
Naver Cloud this week announced a partnership with Nvidia, Nexus Core Systems, and investment firm Lloyds Capital to build a 500MW AI data center in Morocco. The project aims to provide sovereign AI computing services throughout the EMEA region, which encompasses Europe, the Middle East, and...
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Mar 12, 2026 Eric Bell World
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