Nvidia-backed Zankore reportedly launches $3.1B loan for GPU purchases

Zankore is an Indonesian artificial intelligence infrastructure platform backed by Nvidia, according to Bloomberg, which cited people familiar with the matter. The five-year loan funds the purchase of graphics processing units for the company's new AI factory. The loan is being offered to the broader market, so the final lender group has not been reported. Bloomberg placed the loan within a wider run of financing for Asia's AI buildout. Syndication means arrangers sell portions of a loan to outside banks and funds, which spreads exposure beyond the first group of lenders. Reported figures are from sources, not a signed agreement. For founders raising compute debt, the pricing gives a reference point for a GPU-backed term loan in Southeast Asia. Builders should watch whether syndication clears at the proposed margin, since that determines the cost of financing hardware purchases.