SharonAI Lands $1.32B Cloud AI Pact, Extending GPU Reach to New Zealand

summarizeSummary

SharonAI announced a $1.32 billion, five-year cloud computing contract with a global AI Lab, deploying GPU infrastructure in New Zealand. Revenue starts in the first half of 2027, and the deal lifts total contracted capacity to 116MW, with over 62,000 NVIDIA GPUs expected by mid-2027.

check_boxKey Events · M&A and Partnerships · SHAZ

• $1.32B Cloud AI Contract Signed

  A five-year, $1.32 billion cloud computing infrastructure agreement with a global AI Lab will see SharonAI deploy solutions across New Zealand data centers.

• Revenue to Begin in H1 2027

  Revenue from the contract is expected to commence across the first and second quarters of 2027, providing a multi-year growth runway.

• Capacity Nearly Fully Contracted

  With this deal, 116MW of SharonAI's 132MW total AI Factory capacity is now contracted to end customers, and the company expects to deploy over 62,000 NVIDIA GPUs by mid-2027.

• Follows $1.6B Financing Closed June 29

  The contract comes just two weeks after a $1.6 billion strategic financing, indicating rapid deployment of capital into revenue-generating assets.

auto_awesomeAnalysis · SHAZ · Technology

A $1.32 billion, five-year cloud computing agreement with a global AI Lab nearly doubles SharonAI's disclosed backlog and validates its Neocloud model. Revenue begins in the first half of 2027, with deployment across New Zealand data centers. The deal lifts total contracted AI Factory capacity to 116MW out of 132MW, and the company now expects over 62,000 NVIDIA GPUs deployed by mid-2027. Coming just two weeks after a $1.6 billion financing closed, the contract suggests capital is already being put to work. For a company with a $2.5 billion market cap, the deal size is transformative, and the rapid follow-on to recent mega-deals signals accelerating commercial traction.