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ConfirmedCompute01 Nov, 00:00 UTC

KB Kookmin Bank to arrange Korea's first GPU financing, a 12.6 trillion won Brookfield project supplying Naver Cloud

The bank says a Brookfield special purpose company will buy GPUs and other AI computing infrastructure and supply it to Naver Cloud long term, with about 10.7 trillion won raised as loans in what it calls Korea's largest syndicated loan arrangement; Hana, Shinhan, Woori and NH Investment & Securities are reported to participate, and final loan allocations are not public.

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