SHAZ · SharonAI Holdings, Inc. Class A Common Stock

SharonAI Holdings Inc., a leading Australian Neocloud focused on AI and high-performance computing, has secured a significant five-year cloud computing infrastructure agreement valued at approximately US$950 million with an unnamed global technology company boasting major Asia-Pacific presence. This deal involves deploying advanced cloud solutions across multiple NEXTDC data centers in Australia, with revenue streams anticipated to begin by the end of the third and fourth quarters of 2026. The infrastructure leverages the Vast Data AI Operating System, which integrates storage, database, compute, and real-time processing into a unified platform, collapsing traditional stack layers to enhance workload efficiency for Sharon AI's customers. CEO James Manning highlighted the expansion of their AI Cloud business, noting it builds on prior regional agreements amid growing demand from enterprise, hyperscale, research, and AI-native sectors. Comments from NEXTDC's Chief Customer Officer David Dzienciol and Vast Data's VP Sunil Chavan underscore the strengthened partnerships, emphasizing reliable data foundations and compute infrastructure deployment. For investors, this announcement signals robust pipeline momentum and validates Sharon AI's strategy in accelerating AI factories and sovereign AI solutions, potentially driving multi-year revenue growth in a high-demand market.