Aug 6 (Reuters) - Qatari telecommunications services
provider Ooredoo is expanding its AI computing
ambitions through an investment in Zankore, a dedicated AI
compute and neocloud platform being developed with Indosat
Ooredoo Hutchison, Nokia and Nvidia ( NVDA ), it said on Thursday.
* As founding shareholder and lead investor with a 49%
stake, Ooredoo will commit about $800 million to Zankore's
launch and initial development
* The initial investment is expected to contribute
approximately $600 million in cumulative EBITDA over its first
five years, according to current estimates
* Zankore, which will initially be developed in Indonesia
before expanding across Southeast Asia, is targeting 1 gigawatt
of NVIDIA DSX AI Factory capacity
* The platform is expected to deliver about 200 megawatts of
AI capacity in the first half of 2027 and will use NVIDIA DSX
MaxLPS technology, which can increase computing output by up to
40% within the same power budget
* The investment positions Ooredoo as an early mover in
Southeast Asia's rapidly growing AI infrastructure market and
comes as Gulf states accelerate investments in AI and data
infrastructure
* Separately, Bloomberg News reported on Thursday that Abu
Dhabi's Mubadala is weighing a $6.3 billion AI data center
investment in Japan. Reuters has not independently verified the
news.
* The report follows Nikkei's announcement earlier on
Thursday that Japanese and U.S. companies, potentially alongside
investors from the UAE and elsewhere, could invest around 2
trillion yen ($12.67 billion) to build Japan's largest AI data
centre
($1 = 157.8800 yen)