Naver Cloud signed an eight-year lease at LG CNS’s Jukjeon Data Center in Seoul, deepening its local footprint as AI and cloud demand climb. The deal, reportedly worth hundreds of billions of won, comes as the facility nears full completion. While Kakao Bank also moves in, Naver continues expanding abroad, with plans for cloud regions in Vietnam and the U.S. East Coast, and a 500MW AI campus in Morocco.
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