Sharon AI schedules third quarter results for November 16
Nov 02, 2026
Public Markets
Sharon AI signs $373 million AI cloud agreement
Aug 4, 2026
Sharon AI signed a five year cloud computing service agreement with a global AI platform valued at $373 million, with revenue expected to start in the first quarter of 2027.
In a press release, Sharon AI said it signed a five year cloud computing service agreement with a global AI platform valued at $373 million. The company expects revenue from the agreement to start in the first quarter of 2027.
Sharon AI said it will deploy cloud computing solutions across its AI infrastructure in Australia. The initial deployment is expected to use 2,048 NVIDIA Blackwell Ultra B300 GPUs, with additional deployments possible under the contract.
The company's AI Factory capacity remains at 132 MW, with 120 MW now contracted to end customers. It expects to increase its GPU count from 62,000 to 64,000 across the AI Factory platform by mid 2027.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Enterprise AI Brief, Silicon Brief or Daily AI Brief.
Also, consider following us on social media:
More from Enterprise
Nov 13 Nvidia invested in a record 121 startup funding rounds in 2026, Crunchbase data shows Nov 13 KeyBanc survey: AI-native software grows faster but loses more money Nov 13 PangeAI signs Sky Blue Impact to speed up data centre site analysis Nov 13 Druva launches backup and recovery for Copilot Studio AI agents Nov 13 Redesign Health launches growth equity practice for clinical AIMore from Data Centers
Nov 14 Telus pulls out of two Vancouver AI data centre projects with Westbank Nov 14 Petition to reinstate Jensen Huang as Nvidia CEO passes 115,000 signatures, with Elon Musk among signers Nov 14 Asian governments respond to Jensen Huang's exit from Nvidia Nov 14 Malaysia plans law making data centres disclose AI chip imports and power use to curb smuggling Nov 14 More than 13,000 object to Chapelcross plan for world's largest AI data centre campusFree newsletter
Enterprise AI Brief
Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
The Hackett Group
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
GreenSquareDC Opens Sydney AI Data Center With 8,200 NVIDIA GPUs
Oct 19, 2026
Data Centers
HUMAIN and NVIDIA Plan 84 MW Saudi AI Infrastructure Expansion
Oct 22, 2026
Data Centers
SWI Compute Plans 2.3 GW of NVIDIA AI Factory Capacity by 2029
Oct 26, 2026
Data Centers
CommonAI Chooses Kao Data for UK AI Infrastructure Test Lab
Oct 21, 2026
Data Centers
Cloud infrastructure revenue reaches $168 billion as AI demand grows
Oct 30, 2026
Data Centers
Free, six days a week
Daily AI Brief: the AI news that matters, in your inbox.