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Sharon AI Announces US$373m Five-Year AI Cloud Service Agreement

$SHAZPress releaseAug 4, 2026, 7:00 AM ETRead the release

Sharon AI secured a five-year cloud service agreement worth US$373 million, increasing its contracted capacity to 120MW out of a total 132MW. The initial deployment will utilize 2,048 NVIDIA Blackwell Ultra B300 GPUs, with revenue expected to commence in the first quarter of 2027.

Key figures

Deal Value Usd
373000000
Gpu model
NVIDIA Blackwell Ultra B300
Target gpu count
64000
Current gpu count
62000
Total capacity mw
132
Contract term years
5
Contracted capacity mw
120
Initial deployment gpus
2048

AI analysis

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