Zankore lands $3.1bn syndicated loan for AI infrastructure buildout

As Asia's AI buildout continues apace, the large deal from Citi, ING, Natixis, UOB and QNB, will help the new firm build GPU cloud infrastructure in Indonesia with Nvidia.

Newly formed artificial intelligence (AI) infrastructure firm Zankore has secured a senior term loan facility of up to $3.1 billion from a consortium of five banks as capital continues to be allocated to the fast-growing sector in Asia Pacific (Apac). 

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