Sharon AI delivers cloud deployment for global technology client
Neocloud provider Sharon AI completed and secured customer acceptance for an initial artificial intelligence cloud infrastructure deployment on 20 August 2026
New York, Aug. 20, 2026 - SharonAI Holdings Inc. (NASDAQ: SHAZ) successfully delivered an initial AI Cloud deployment for a major global technology client with a significant presence in the Asia-Pacific region. This achievement marks a key milestone in a five-year agreement valued at around US$950 million. The customer acceptance also releases funds held in escrow.
This marks the first phase of a contract that includes additional NVIDIA GPU clusters to be delivered over the coming months. James Manning, Co-Founder and CEO of SharonAI, stated that delivering AI infrastructure at scale requires coordination across multiple data centers, and this deployment demonstrates their ability to meet customer requirements through their global partner ecosystem.
SharonAI has secured 212MW of AI Factory capacity, with 120MW currently contracted. This deployment represents progress in bringing this secured capacity online and supports long-term growth. The Company continues to develop its AI Factory platform to meet the demand for high-performance, sovereign AI infrastructure in Australia, New Zealand, and the Asia-Pacific region.
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