AI platform Zankore said on Wednesday it has signed an up to $3.1 billion senior term ​loan facility to fund the rollout of ‌Nvidia-powered GPU and cloud-computing infrastructure, as it expands AI capacity in Indonesia and across Southeast Asia.

Zankore ​is a dedicated AI compute and neocloud ​platform being developed with Indonesian telecom operator Indosat ⁠Ooredoo Hutchison, Nokia and Nvidia (NVDA.O), opens new tab. Proceeds from the debt ​financing will support the acquisition and deployment of ​advanced NVIDIA GPU infrastructure, the Southeast Asia-focused platform said.

Qatari telecommunications provider Ooredoo (ORDS.QA), opens new tab is Zankore’s founding shareholder and lead investor, holding ​a 49% stake, as it seeks to establish ​an early presence in Southeast Asia’s rapidly expanding AI-infrastructure market.

Zankore ‌said ⁠it is building an initial 100 megawatts of Nvidia AI Infrastructure, looking to provide cloud services to AI-native entities in Indonesia and Southeast Asia.

At its ​launch on ​August 6, ⁠the platform said it is targeting 1 gigawatt of Nvidia DSX AI Factory capacity ​and approximately 200 megawatts of initial capacity ​in ⁠the first half of 2027.

Citi acted as exclusive debt adviser for the loan facility, and was also ⁠exclusive ​financial adviser to Indosat on ​the setup of Zankore and its equity fundraise earlier in August.