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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Nvidia has disclosed a 9.3% stake in AI infrastructure firm Nebius, holding over 22.2 million shares. Additionally, the company plans to invest $1 billion in South Korea's Naver Corp to finance and expand an AI data center, ensuring access to critical chip components. Furthermore, Nvidia CEO Jensen Huang announced a $500 billion 'AI initiative' with SK Group to bolster supply chains and solidify South Korea's role in global AI infrastructure.