Polibeli (NASDAQ: PLBL) announced a non-binding Memorandum of Understanding with PT Grosirone Prima Nusantara to evaluate a potential artificial intelligence (AI) data center opportunity in Indonesia. The MOU establishes a preliminary cooperation framework focused on feasibility assessment rather than any immediate construction or capital commitment.
The evaluation will review infrastructure conditions, including existing colocation facilities, power, cooling, network connectivity and commercial viability. The contemplated project envisions up to 10 MW capacity, with an initial phase of about 2–5 MW, subject to technical, commercial, regulatory, financing, internal approval and definitive agreement conditions. Polibeli notes there is no assurance the project will proceed.