Ooredoo, Nvidia and Nokia commit billions to a 1GW Indonesia AI cloud
Qatar's Ooredoo Group is leading a multi-billion-dollar buildout of Zankore, a dedicated AI compute and neocloud platform in Indonesia backed by Nvidia, Nokia, and Indosat Ooredoo Hutchison. The platform targets 1 gigawatt of contracted AI capacity within three years and has already lined up blue-chip customers for roughly 200 MW arriving in the first half of 2027.
Ooredoo takes a 49% stake and commits $800 million over five years. The venture is forecast to generate around $13 billion in revenue and $9 billion in cumulative EBITDA over five years, expanding beyond Indonesia to serve Southeast Asia. "Zankore is the latest building block" in migrating from a traditional telco to digital infrastructure, said Ooredoo's group CEO.
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