Indonesian AI infrastructure platform Zankore signs a $3.1 billion loan deal to fund the purchase of advanced GPUs, aiming to expand computing capacity for AI workloads across Indonesia and the wider region. The financing is intended to support Zankore’s deployment of the chips, reflecting growing demand for high-performance computing in Asia.
Multiple outlets describe the deal as a senior term loan facility. The Next Web adds that Nvidia is both a backer of Zankore and the supplier of the hardware covered by the financing. It also reports Citi as exclusive debt adviser and lists additional financial institutions involved in the lending group, including ING and Natixis CIB and Qatar National. Bloomberg emphasizes the overall scale of the loan and the broader trend of increased chip demand, framing the transaction as part of the expansion of AI infrastructure.
