Sharon AI Announces $1.32 Billion, Five-Year Cloud Infrastructure Agreement

SharonAI Holdings Inc. (SHAZ) has signed a five-year cloud computing service agreement with a global Artificial Intelligence (AI) Lab, valued at US$1.32 billion. Under the contract, Sharon AI will deploy cloud computing solutions across data center infrastructure in New Zealand.

Key Details

• Contract Value: US$1.32 billion over a five-year term.
• Client: An unnamed global Artificial Intelligence (AI) Lab.
• Revenue Timeline: Revenue from the contract is expected to commence across the first and second quarters of 2027.
• Infrastructure: The deployment represents Sharon AI's first "AI Factory" in New Zealand. The company's total contracted capacity is now 116MW out of 132MW available.