SharonAI Lands $373M Five-Year AI Cloud Deal, Boosting Contracted Capacity to 120MW
SHAZ has more than doubled off its 52-week low of $16.55.
Summary
SharonAI secured a $373M five-year AI cloud contract, deploying 2,048 NVIDIA Blackwell Ultra GPUs and bringing total contracted capacity to 120MW. Revenue starts Q1 2027.
Key Events · M&A and Partnerships · SHAZ
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$373M Five-Year AI Cloud Deal
SharonAI entered a five-year cloud computing service agreement with a global AI platform, valued at US$373 million. Revenue is expected to commence in Q1 2027.
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Deployment of 2,048 NVIDIA Blackwell Ultra B300 GPUs
The initial deployment under the agreement will utilize 2,048 NVIDIA Blackwell Ultra B300 GPUs, with additional deployments possible over the contract term.
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Contracted Capacity Reaches 120MW
Following this agreement, SharonAI has contracted 120MW of its total 132MW AI Factory capacity, leaving only 12MW uncontracted. The company upgrades from 62,000 to 64,000 NVIDIA GPUs by mid-2027.
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Revenue Visibility and Strategic Validation
The contract adds significant long-term revenue visibility and validates SharonAI's sovereign AI infrastructure strategy in Australia, following recent multi-billion-dollar partnerships with NVIDIA and VAST Data.
Analysis · SHAZ · Technology
A $373 million, five-year cloud service agreement with a global AI platform was announced, deploying 2,048 NVIDIA Blackwell Ultra B300 GPUs. This contract lifts total contracted AI Factory capacity to 120MW out of 132MW—nearly fully booked—and upgrades the GPU count to 64,000 by mid-2027. Revenue begins in Q1 2027. The deal validates SharonAI's sovereign AI infrastructure strategy and follows a series of multi-billion-dollar partnerships, reinforcing its position as a leading Australian neocloud. With the stock near $57, this contract adds significant long-term revenue visibility.
At the time of this filing, SHAZ was trading at $56.72 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $16.55 to $97.48. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.