CoreWeave announced on August 4, 2026 that it is expanding into Indonesia, marking the company’s first data center presence in the Asia-Pacific region. Three new facilities totaling 360 megawatts of contracted IT power are expected to come online in 2028.
The move is the AI cloud provider’s largest geographic leap since its founding, pushing the company beyond its established base in the United States and Europe into one of the fastest-growing digital economies in Southeast Asia.
Three sites, one operator
CoreWeave will own and operate the compute environment across all three sites, bringing its full AI cloud platform to labs, startups and enterprise customers deploying workloads in Southeast Asia.
The facilities will offer 360 MW of IT power in total, and the company will train a local on-the-ground team to operate them. CoreWeave said it will spend billions of dollars on the project but did not provide a specific estimate.
The company’s broader capital plans are already substantial. After its first-quarter earnings report, CoreWeave increased the lower end of its expected 2026 capital expenditure range to $31 billion from $30 billion, while keeping the upper end at $35 billion, citing higher component prices amid a shortage of memory chips. Following second-quarter results on August 11, management raised full-year 2026 capital expenditure guidance to $35 billion to $39 billion, up from prior guidance of $31 billion to $35 billion.
Why Indonesia, why now
Enterprises, AI-native companies and governments require AI compute to be close to their data and users due to latency-sensitive workloads and data locality requirements, CoreWeave said. The company’s move into Indonesia reflects this shift.
The company stated the investment supports Indonesia’s priorities to strengthen digital infrastructure and expand domestic AI capability.
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 announcement represents CoreWeave’s first expansion beyond its existing US and European footprint, the company said, adding that the move is intended to support greater geographic diversification and a broader addressable market by positioning the company closer to enterprise, sovereign and AI-native customers in Southeast Asia.
A rapidly growing global footprint
As of March 31, 2026, CoreWeave operated 49 data centers globally, with more than 1 GW of active power and over 3.5 GW of contracted power. The Indonesia commitment will add meaningfully to that contracted figure once the three sites reach full capacity.
During the second quarter, Meta said it would spend an additional $21 billion with CoreWeave, which also announced a multi-year agreement with Anthropic and a $6 billion commitment from quantitative trading firm Jane Street. Those commitments signal the sustained demand that underpins the Indonesia build.
The expansion also follows a broader regional wave. Firmus Technologies Pty Ltd., an Australian AI infrastructure firm, is building its first data center project in Indonesia as part of a partnership with Nvidia. Firmus and Singapore-based DayOne will develop a 360 MW Nvidia DSX AI Factory campus in Batam, Indonesia, an island just off the coast of Singapore. The facility will house up to 170,000 Nvidia AI accelerator chips and is set to go live in the first quarter of 2027, announced in late June, underlining how quickly Southeast Asia has become a focal point for AI infrastructure investment.
The scale of capital flowing into cloud infrastructure globally has been significant in 2026. Hyperscalers, Amazon, Microsoft, Alphabet, Meta and Oracle, are collectively planning $650 billion to $700 billion in capital spending for 2026, according to estimates from Futurum Group, Goldman Sachs and Fortune.
CoreWeave, still a fraction of that size, is betting that owning dedicated AI compute in markets the hyperscalers have not yet fully saturated will secure long-term contracts with the governments and AI-native companies that cannot route sensitive workloads through shared infrastructure.
Competitive context
Southeast Asia has attracted a cluster of competing bets in recent months. Major cloud providers are expanding their Asia-Pacific infrastructure footprints, and Firmus Technologies is preparing its first data center project in Indonesia through a partnership involving Nvidia and Singapore-based DayOne, with a planned 360 MW AI factory campus using Nvidia infrastructure on the Indonesian island of Batam. The agreement covers up to 170,000 Nvidia AI accelerators across Grace-Blackwell, Vera-Rubin and Vera platforms through 2027 and 2028.
CoreWeave’s Greater Jakarta deployment totals 360 MW of contracted IT power and is expected to come online in 2028, serving AI labs, startups, enterprises and government customers across Southeast Asia, positioning it as the first dedicated AI-cloud provider, rather than a general hyperscaler, to enter the Indonesian market.
The AI sector’s hold on capital has made it easier to finance ambitious international build-outs, but the Indonesia timeline also carries execution risk. A 2028 go-live date means CoreWeave must navigate two years of construction, permitting and power procurement in a market where grid reliability and fiber connectivity vary sharply by region.
How that process unfolds will determine whether the 360 MW contracted figure translates into a competitive advantage or a costly delay.
