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NEW YORK, Aug. 20, 2026 /PRNewswire/ — SharonAI Holdings Inc. (NASDAQ: SHAZ) and its subsidiaries (“Sharon AI” or “the Firm”), a number one Australian Neocloud, at this time introduced the profitable supply and buyer acceptance of an preliminary AI Cloud deployment for a worldwide know-how firm with a serious Asia-Pacific presence.
Buyer acceptance marks the completion of a key milestone underneath the five-year AI Cloud infrastructure settlement, which has a complete preliminary contract worth of roughly US$950m. Acceptance additionally triggers launch of money safety presently held in escrow.
The deployment is the primary part of this buyer contract, and a part of a collection of further NVIDIA GPU clusters that Sharon AI expects to ship over the approaching months. Below the settlement, Sharon AI is deploying AI Cloud options throughout a number of information facilities in Australia, with income anticipated to start in levels throughout the third and fourth quarters of 2026.
“Delivering AI infrastructure at scale requires coordinated execution throughout information middle readiness, compute, storage, networking and buyer integration,” stated James Manning, Co-Founder and Chief Government Officer of Sharon AI. “This profitable deployment demonstrates our capability to carry collectively a worldwide accomplice ecosystem and coordinate specialist groups to satisfy buyer supply necessities. The capabilities and working self-discipline developed by way of this venture strengthen our supply platform as we deploy future clusters, bringing our secured and contracted capability on-line, and supporting sturdy long-term development.”
Sharon AI has secured 212MW of AI Manufacturing unit capability, of which 120MW is contracted underneath multi-year take-or-pay agreements. The accepted deployment represents additional progress in bringing this secured and contracted capability on-line. The Firm continues to advance its AI Manufacturing unit platform to handle robust demand for high-performance, sovereign AI infrastructure throughout Australia, New Zealand and the Asia-Pacific area.
About Sharon AI
Sharon AI (NASDAQ: SHAZ) is a number one Australian neocloud increasing entry to synthetic intelligence by way of trusted, safe and sovereign AI infrastructure. By its AI Manufacturing unit platform and colocation companions, Sharon AI permits organisations throughout Australia, New Zealand, and globally to confidently construct, practice and deploy AI at scale. For extra info, go to www.sharonai.com.
Contacts
Media
media@sharonai.com
Buyers
buyers@sharonai.com
Disclosure Info
Sharon AI primarily makes use of its Investor Relations web page (https://sharonai.com/buyers/) to reveal materials private info and to adjust to its disclosure obligations underneath Regulation FD. The Firm additionally notes that, at occasions, it makes use of different communication mediums together with, however not restricted to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI) to disseminate details about the Firm, and will be further sources of data outdoors press releases, regulatory filings with the SEC and every other convention calls, webcasts, investor days, and so forth. that the corporate might maintain.
Ahead-Trying Statements
This press launch might include, and our officers and representatives might occasionally make, “forward-looking statements” inside the that means of the protected harbor provisions of the U.S. Non-public Securities Litigation Reform Act of 1995, which aren’t historic information, and which aren’t assurances of future efficiency. Ahead-looking statements are primarily based solely on our present beliefs, expectations and assumptions concerning the way forward for our enterprise, future plans and methods, projections, anticipated occasions and tendencies, the economic system and different future circumstances. In some instances you’ll be able to establish these statements by forward-looking phrases similar to “imagine,” “might,” “will,” “estimate,” “proceed,” “anticipate,” “intend,” “might,” “ought to,” “would,” “venture,” “technique,” “plan,” “anticipate,” “aim,” “search,” “future,” “doubtless” or the detrimental or plural of those phrases or related expressions or references to future durations. Ahead-looking statements on this launch embrace particular statements concerning the supposed use of proceeds. Examples of such forward-looking statements embrace however usually are not restricted to precise or implied statements concerning Sharon AI’s administration staff’s expectations, hopes, beliefs, intentions or methods concerning the long run together with, with out limitation, statements concerning:
- Service and product choices;
- Receipt and use of proceeds;
- The deployment of belongings and enlargement of community procurement;
- Sharon AI’s capability to have interaction with further potential prospects;
- Growth of Sharon AI’s information middle footprint and capability; and
- The strengthening of Sharon AI’s accomplice community.
As well as, any statements that check with projections, forecasts or different characterizations of future occasions or circumstances, together with any underlying assumptions, are forward-looking statements. As a result of forward-looking statements relate to the long run, they’re topic to inherent uncertainties, dangers and modifications in circumstances which might be troublesome to foretell and plenty of of that are outdoors of our management. You’re cautioned that such statements usually are not ensures of future efficiency and that precise outcomes or developments might differ materially from these set forth in these forward-looking statements. Subsequently, you shouldn’t depend on any of those forward-looking statements. Essential components that might trigger precise outcomes to vary materially from these forward-looking statements embrace, amongst others, the entire dangers described within the “Threat Components” part of the Firm’s most up-to-date Annual Report on Type 10-Okay filed with the SEC and different stories subsequently filed with the SEC. Extra assumptions, dangers and uncertainties are described intimately in our registration statements, stories and different filings with the SEC, which can be found at www.sec.gov.
The forward-looking statements and different info contained on this information launch are made as of the date hereof and Sharon AI doesn’t undertake any obligation to replace publicly or revise any forward-looking statements or info, whether or not on account of new info, future occasions or in any other case, except so required by relevant securities legal guidelines.
