{
  "id": 329103,
  "title": "Ooredoo scales up AI compute ambitions with $800mn investment in Zankore",
  "url": "https://urgent.news/2026/08/06/ooredoo-scales-up-ai-compute-ambitions-with-800mn-investment-in",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-06T16:44:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/730614/business/ooredoo-scales-up-ai-compute-ambitions-with-800mn-investment-in-zankore"
  },
  "original_language": "en",
  "account": "Ooredoo Group announced on Thursday its strategic investment of approximately $800 million in Zankore, a pioneering AI computing and neocloud platform based in Indonesia. As the founding shareholder and lead investor with a 49% stake, Ooredoo will play a pivotal role in the platform's launch and initial development.\n\nThe investment is projected to contribute around $600 million in cumulative EBITDA to Ooredoo Group over the first five years, bolstering the group's earnings from digital infrastructure assets. This move expands Ooredoo's exposure to resilient, hard-currency infrastructure earnings.\n\nCEO Aziz Aluthman Fakhroo emphasized the company's commitment to building a leading digital infrastructure portfolio in the MENA region, with Zankore representing the next logical step in extending that portfolio into the high-growth Southeast Asian market. Fakhroo believes AI will define the next decade of value creation in emerging markets and sees Ooredoo's investment as a way to support the digital ambitions of the markets they serve.\n\nDeveloped in partnership with Indosat Ooredoo Hutchison, Nokia, and NVIDIA, Zankore aims to achieve 1 GW of NVIDIA DSX AI Factory capacity. This strategic alliance positions Ooredoo as an early entrant in the rapidly expanding AI infrastructure market in Southeast Asia.",
  "summary": "Ooredoo Group on Thursday announced its expansion into AI compute through a strategic investment in Zankore, a first-of-its-kind, dedicated AI computing and neocloud platform with full-stack AI capabi...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Fortune",
        "title": "Qatar’s Ooredoo, Nvidia, and Nokia unveil multi-billion-dollar AI compute platform—and Southeast Asia is their target",
        "url": "https://urgent.news/2026/08/06/qatars-ooredoo-nvidia-and-nokia-unveil-multi-billion-dollar-ai",
        "published": "2026-08-06T12:00:47.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}