Particle.news
Download on the App Store
5 ARTICLES
·
last mo.

Sharon AI Rallies on Reported $1.8 Billion NEXTDC Data Centre Deal

Investor interest points to a fast build-out of local GPU power for AI across Australia.

Sydney-founded, Wall Street-listed firm Sharon AI has signed a $1.8bn deal to operate Nvidia chips in Australian data centres.
Image
Image

Overview

  • Shares jumped after outlets reported a $1.8 billion agreement for Sharon AI to run Nvidia hardware in NEXTDC facilities in Sydney and Melbourne.
  • Several reports said the plan includes about 8,200 Nvidia chips and 17.8 petabytes of storage at those sites, details not confirmed in the company’s own release.
  • Benzinga separately reported a $1.25 billion AI infrastructure deal with ESDS that would deploy an 8K B300 cluster in Australia, with revenue expected to start in the third quarter of 2026 as reported.
  • In its official results filing, the company said it lifted expected data-centre power visibility from about 50 megawatts to about 70 megawatts and cited Canva as a new customer.
  • The newly listed firm raised $125 million in its February Nasdaq debut, sold 50% of a Texas data-centre joint venture for $70 million, and announced partnerships with Cisco and World Wide Technology to help scale its GPU cloud.