A regulatory filing submitted by South Korean portal giant Naver on Friday reveals that Nvidia plans to complete a total of $1 billion in investment in Naver next Friday—a move that will make the American chip giant Naver's third-largest shareholder. The filing indicates that this capital increase comes as Naver has already secured at least $9 billion in computing infrastructure funding. Naver will determine the number of common shares to be subscribed by Nvidia through a rights offering next Tuesday. The investment is part of the strategic partnership announced by Naver and Nvidia in July, under which the two sides aim to jointly build large-scale global artificial intelligence (AI) factories.