South Korean tech giant Naver is seeking up to $10 billion in financing for the expansion of its Gak Sejong AI factory, which aims to become one of the country's largest AI data centers. The project involves heavyweight partners including Nvidia and global asset manager Brookfield, with discussions ongoing for up to $9 billion in financing for the first phase to increase capacity to 200 megawatts. However, securing funding for the large-scale AI infrastructure project is proving challenging, despite potential involvement from major South Korean banks and securities firms.