Zankore secures $3.1bn loan for Indonesia AI build with Nvidia
The newly formed AI infrastructure firm obtained the syndicated facility from five banks to develop GPU cloud capabilities in Southeast Asia.
Zankore secures major funding
Zankore, a new artificial intelligence (AI) infrastructure company, has secured a senior term loan facility worth up to $3.1 billion. A consortium of five banks provided the funding. These lenders include Citi, ING, Natixis, UOB, and QNB.
The financing supports the continued expansion of AI capabilities across the Asia Pacific region, reflecting significant capital allocation to the sector.
Indonesia GPU cloud development
The substantial capital injection will enable Zankore to establish GPU (graphics processing unit) cloud infrastructure within Indonesia. This development is a collaboration with Nvidia, a key player in AI chip technology. The project aims to meet the rising demand for advanced computing resources in the region's rapidly expanding AI sector.
Capital flows to Asia Pacific AI
This transaction reflects a broader trend of significant capital allocation towards the fast-growing artificial intelligence sector across Asia Pacific. Investors and financial institutions are increasingly backing ventures that provide the foundational computing power necessary for AI development and deployment. The region remains a key focus for infrastructure build-out as demand accelerates.
Zankore's project signals further specialisation in Indonesia's digital infrastructure market, attracting investment beyond traditional data centres. The collaboration with Nvidia could accelerate the availability of high-performance computing for Indonesian businesses and regional AI developers.
This provides a direct path for companies to access critical GPU resources, potentially lowering entry barriers for AI innovation across Southeast Asia.
This article is journalism, not investment advice; consult a licensed professional before making financial decisions. Market data is indicative, may be delayed, and should be verified with your broker or exchange before use.
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