Overview
- Benzinga reports SharonAI signed a $1.25 billion agreement with ESDS to deploy an 8K B300 GPU cluster in Australia, with revenue expected to begin in the third quarter of 2026.
- PerthNow separately reports a $1.8 billion deal that would install about 8,200 Nvidia chips at NEXTDC sites in Sydney and Melbourne, highlighting differences in early media accounts.
- Shares rose after the reports, with PerthNow noting a 21.5% gain that lifted the company’s market value to about $440 million.
- SharonAI is newly public after a February 2026 Nasdaq listing that raised $125 million, which the company says is funding an accelerated buildout of its GPU cloud.
- The company expanded expected data‑center capacity to about 70 MW and launched a Secure AI Factory with Cisco, while recycling $70 million from a Texas JV sale and lining up additional financing to serve government, research, and enterprise demand in Australia.