Zankore, an AI compute (“neocloud”) platform backed by Indosat Ooredoo Hutchison, Ooredoo Group, Nokia and Nvidia, signed a senior term loan facility of up to $3.1 billion to fund Nvidia GPU and cloud infrastructure deployment across Indonesia and Southeast Asia, Reuters reported. The financing supports an initial 100MW of Nvidia AI infrastructure, with Citi, ING, Natixis, Qatar National Bank and UOB arranging the debt.
Why it matters: The deal illustrates how AI compute buildout is expanding well beyond the US, Europe and China, with large debt-financed infrastructure projects now targeting Southeast Asia specifically — a region where data center and power infrastructure security is a growing concern for operators and regulators alike.
Source: Reuters, September 9, 2026.
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