Aug 4 (Reuters) - AI cloud computing company CoreWeave said on Tuesday it is expanding into Indonesia and adding three new facilities in the country, marking the firm's first data-center presence in the Asia Pacific region.
CoreWeave has benefited from a surge in demand for AI cloud infrastructure globally, as tech companies rush to secure the hardware and cloud capacity needed to develop and run AI systems. The company has been investing heavily in its data-center footprint to cater to the demand.
Here are some details on the expansion:
• CoreWeave will add a total of 360 megawatts of contracted power through the three data centers, and will own and operate all three sites.
• "Across Asia, enterprises, AI-native companies, and governments increasingly need AI compute located close to their data and users, driven by both latency-sensitive workloads and data locality requirements. CoreWeave's move... reflects this shift," the company said.
• As part of its Indonesia expansion, CoreWeave will also build and train a local team to operate the new facilities, bolstering the country's AI ambitions.
• The facilities add to CoreWeave's growing global data-center footprint, with the company operating 49 data centers worldwide as of March.
• In May, CoreWeave raised the lower end of its 2026 capital spending forecast citing higher component prices amid a shortage of memory chips. The company plans to spend between $31 billion and $35 billion this year.
• The company has struck several multi-billion-dollar cloud deals this year, including an expanded $21 billion deal with Meta and multi-year agreement with Claude creator Anthropic.
(Reporting by Deborah Sophia in Bengaluru; Editing by Shailesh Kuber)
