SharonAI Announces $373M, Five-Year AI Cloud Service Agreement

SharonAI Holdings Inc. (SHAZ) has entered into a five-year cloud computing service agreement with an unnamed global artificial intelligence platform. The total contract is valued at US$373 million over the five-year term, with revenue expected to commence in the first quarter of 2027.

Key Details

• Agreement Value: US$373 million over a five-year term.
• Capacity Update: Following this agreement, 120 MW of the company's total 132 MW AI Factory capacity is now contracted to end customers.
• Infrastructure & Timeline: The initial deployment will utilize 2,048 NVIDIA Blackwell Ultra B300 GPUs. The company also plans to upgrade its total capacity to 64,000 NVIDIA GPUs by mid-2027.