SharonAI (SHAZ.US) signs a six-year computing power collaboration agreement with NVIDIA Corporation to advance the expansion of AI data centers in Australia.
SharonAI Holdings (SHAZ.US) announced that it has signed a six-year artificial intelligence infrastructure computing power cooperation agreement with NVIDIA (NVDA.US).
SharonAI Holdings (SHAZ.US) announced that it has signed a six-year artificial intelligence infrastructure computing power cooperation agreement with NVIDIA Corporation (NVDA.US). Boosted by this news, the company's stock price rose by over 20% in pre-market trading, but as of the time of writing, the stock had fallen by 5.84%.
According to the terms of the agreement, the two parties will collaborate to add 72 megawatts (MW) of data center computing power capacity in Australia. The cooperation will involve deploying NVIDIA Corporation's DSX AI factory architecture, and eventually expanding to as many as 40,000 Grace Blackwell GB300 GPUs to meet the growing demand from AI startups, enterprise customers, and university researchers.
This collaboration further strengthens SharonAI's existing position as a NVIDIA Corporation certified cloud partner, and leverages its existing infrastructure layout in Australian data centers.
Following the agreement, SharonAI's total AI factory capacity has now expanded to 132 MW, with 102 MW already under contract with end customers. The company expects that by mid-2027, the total number of NVIDIA Corporation GPUs deployed will exceed 55,000.
As a high-performance computing company specializing in artificial intelligence and cloud GPU computing infrastructure, SharonAI is regarded in the industry as Australia's leading "Neocloud" (next-generation cloud service provider). Its core business revolves around accelerating the development of AI factories and sovereign AI solutions on its AI cloud platform.
In recent months, SharonAI has been active in expanding its capacity and customer base: it completed an IPO raising $125 million in February 2026; sold a 50% stake in a Texas data center for approximately $74 million to focus on its core AI cloud business in Australia; subsequently increased data center capacity expectations from 55MW to 70MW and then 100MW.
Furthermore, the company has recently secured several major contracts: signing a $1.25 billion five-year contract with ESDS Software Solutions, with the 8K B300 cluster expected to contribute revenue in the third quarter of 2026; signing a $950 million five-year cloud computing infrastructure agreement with a global technology company in the Asia-Pacific region; establishing strategic partnerships with companies such as Cisco Systems, Inc. (CSCO.US) and Lenovo.
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On June 12, WUXI BIO (02269) spent 99.7766 million Hong Kong dollars to repurchase 3.269 million shares.

Liumei (06658): Hong Kong's public offering received a subscription of 6586.73 times, raising approximately HK$440 million in net proceeds from the global offering.

ASIARAY (01993): Wu Delong appointed as independent non-executive director

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