Zankore Secures $3.1 Billion Financing for Nvidia AI Cloud Infrastructure in Southeast Asia

Zankore has signed a senior term loan facility for up to $3.1 billion to fund the rollout of Nvidia-powered cloud-computing and GPU infrastructure. [1] The platform is being developed in collaboration with Nvidia, Nokia, and Indonesian telecommunications operator Indosat Ooredoo Hutchison. [1]

The company is building an initial 100 megawatts of Nvidia AI infrastructure to deliver cloud services for training and inference to organizations across Indonesia and Southeast Asia. [2] Qatari provider Ooredoo holds a 49% stake in Zankore as its lead investor and founding shareholder. [1]

The $3.1 billion financing round highlights the intensive capital requirements for establishing localized AI cloud regions outside traditional tech hubs. By securing a term loan facility and utilizing a revenue-sharing and credit-support model, Zankore is positioning Indonesia as a central hub for Southeast Asian AI development. Ooredoo's 49% stake underscores a growing trend of Middle Eastern telecom giants heavily investing in regional AI infrastructure rollouts. Providing dedicated, production-ready compute at scale could lower latency and data sovereignty hurdles for regional enterprises transitioning to AI-native workflows. What the sources don't address: How quickly Zankore plans to deploy the initial 100 MW of infrastructure and when the first enterprise customers will have access to the compute clusters.