Lee Jae Myung hosted a summit with Nvidia and Brookfield Asset Management, leading to joint funding for NAVER's AI factory expansion.

The entities involved

• Lee Jae Myung →

  President of South Korea since 2025

  • An investigation is underway to determine if North Korea caused explosions, coinciding with President Lee Jae Myung's visit to Mexico City.Mon 16:26
  • South Korea protested Ukraine's handling of prisoners of war.Mon 12:49
• Nvidia →

  American multinational technology company

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
• Brookfield Asset Management →

  Canadian-American asset management company

  • Brookfield Asset Management initiated a takeover bid for Reliance Worldwide, while the company simultaneously dealt with the impact of U.S. trade policy on its sales and profitability.Sun 05:51
  • Brookfield Asset Management and the Ministry of Economy are reviewing investment opportunities and exploring cooperation in Azerbaijan.Sat 13:09

Related events

• Big Tech companies, including Amazon, Google, Nvidia, and OpenAI, are deploying shareholder capital to fund their ambitious AI infrastructure buildouts.Aug 11
• The AI industry's massive energy needs are driving competition among developers in the Small Modular Reactor (SMR) market.Sep 7
• Amazon and Nvidia deepened their strategic collaboration on AI stack expansion, adopting NVIDIA platforms for physical AI workloads.Aug 26
• Nvidia announced a new financing setup designed to support various AI companies, including Anthropic and OpenAI.Jul 9
• Nvidia and OpenAI are facing investigation into larger potential deals involving the mobilization of large funds from financial asset managers for AI investments.Aug 19