Zankore secured $3.1 billion in GPU financing as demand for computing power in Asia surges

Indonesian AI infrastructure platform Zankore has received support from NVIDIA, signing a $3.1 billion loan agreement to purchase advanced chips, highlighting the surge in demand for computing power in Asia.

Citigroup, Dutch International Bank, and others are underwriting this loan, with Citigroup as the sole debt advisor. This is one of the largest AI infrastructure financings in Asia.