SharonAI Holdings Inc. is a computing company focused on accelerated compute platforms, AI infrastructure, and cloud GPU environments. It uses a hybrid model combining deployments in data centers with the development of its own data center facilities in strategic locations. Its platform integrates compute, storage, networking, and automation into a unified enterprise solution for AI labs, hyperscale customers, research institutions, and regulated industries. The company has a strategic compute collaboration with NVIDIA to deploy a 72MW AI factory and up to 40,000 Grace Blackwell GB300 GPUs in Australia. It was formerly known as Roth CH Holding Inc., was founded in 2024, and is based in New York, New York.
Sharon AI Signs Five-Year Rafay Systems Deal to Scale Toward 150,000 GPUs
Sharon AI Holdings Inc. signed a five-year agreement with Rafay Systems on September 4 to run the orchestration layer across its AI Factory data centers, a platform built to scale toward 150,000 GPUs by the end of the contract. The deal gives the Australian neocloud a single layer to provision and monitor capacity as it expands into New Zealand and the wider Asia-Pacific region. Sharon AI has built up $8.8 billion in total contract value as of August 6, anchored by a $4.9 billion collaboration with NVIDIA running for six years that covers as many as 40,000 GB300 chips, a $1.32 billion deal with a global AI lab in New Zealand, and a $373 million contract for 2,048 NVIDIA B300 GPUs. Secured data center capacity has grown to 212 megawatts, and the company expects more than 64,000 NVIDIA GPUs installed by mid-2027, with a 600 petabyte data layer built with VAST Data already sized to support roughly 100,000 of those chips. The build-out is far ahead of the revenue: Sharon AI generated just $1.9 million in revenue in the second quarter of 2026, up 412% from a year earlier, and posted a net loss of $430.4 million, of which $423.8 million was non-cash, mostly a $400.4 million fair value loss on its convertible notes. Adjusted EBITDA was only $0.6 million, and the company has funded the build-out largely through a $1.6 billion private placement, a $350 million convertible notes offering, and $74 million in proceeds from selling its Texas Critical Data Centers unit, closing the second quarter of 2026 with $1.9 billion in cash on hand.
Artificial Intelligence › AI Data Center & Build-out Capital
SHAZ · Capital · Negative Sharon AI posted a $430.4M net loss and only $1.9M Q2 revenue, with the build-out funded largely by a $1.6B private placement and $350M convertible notes.
SHAZ · Demand · Positive Sharon AI signed a five-year Rafay Systems deal to orchestrate its AI Factory data centers scaling toward 150,000 GPUs, supporting its $8.8B contract backlog.
Rafay Systems · Demand · Positive Rafay Systems signed a five-year agreement to provide the orchestration layer across Sharon AI's AI Factory data centers.
NVDA · Demand · Positive Sharon AI's $4.9B six-year collaboration covers up to 40,000 GB300 chips and 2,048 B300 GPUs, plus 64,000 NVIDIA GPUs expected by mid-2027, representing concrete orders for NVIDIA.
VAST Data · Demand · Positive Sharon AI's 600 petabyte data layer built with VAST Data is sized to support roughly 100,000 NVIDIA chips.
Texas Critical Data Centers · Capital · Neutral Sharon AI sold its Texas Critical Data Centers unit for $74M in proceeds, a divestiture only mentioned as funding context.
SharonAI reports Q2 2026 results with $8.8 billion in contracts
SharonAI reported second quarter 2026 results, highlighting $8.8 billion in year-to-date total contract value and 212 megawatts of secured AI factory capacity. The company signed a six-year strategic collaboration with NVIDIA worth $4.9 billion, a five-year take-or-pay agreement with a global AI lab worth $1.32 billion, and a five-year agreement with a global technology company worth $950 million. SharonAI raised $1.6 billion in an oversubscribed June financing round, bringing total cash secured since December 2025 to approximately $2.2 billion. The company expects first material revenue in the fourth quarter of 2026 and targets deployment of more than 64,000 NVIDIA GPUs by mid-2027.
SharonAI Holdings Secures 212MW AI Capacity and $4.9 Billion NVIDIA Deal
SharonAI Holdings Inc reported that its secured AI factory capacity increased to 212 megawatts, up from 132 megawatts, with 120 megawatts under multi-year take-or-pay agreements. The company executed a six-year strategic compute collaboration with NVIDIA worth $4.9 billion in total contract value, providing supply certainty and a guaranteed minimum revenue stream. Contracted revenue book grew to roughly $8.8 billion year-to-date, with demand consistently outpacing supply and pricing reaching record levels over $4 per GPU hour. The company raised approximately $2.2 billion in capital since December 2025, including a $1.6 billion oversubscribed financing round, ensuring strong funding for near-term buildout. Revenue recognition is still in early stages, with material revenue not expected until Q4 2026, and the CFO transition could introduce temporary leadership instability.
SHAZ · Capital · Positive SharonAI raises $2.2 billion in capital, including a $1.6 billion oversubscribed round, funding its AI buildout.
SHAZ · Demand · Positive AI capacity grows to 212MW with 120MW under take-or-pay agreements, and contracted revenue reaches $8.8 billion, indicating strong demand.
NVDA · Demand · Positive NVIDIA secures a $4.9 billion six-year compute collaboration with SharonAI, boosting demand for its GPUs.
SharonAI Holdings reports Q2 revenue of $1.9M and net loss of $430.4M
SharonAI Holdings Inc reported second-quarter 2026 revenue of $1.9 million. The company posted a net loss of $430.4 million, which included non-cash items totaling $423.8 million, primarily a $400.4 million fair value loss on convertible notes due to share price appreciation, compared to a net loss of $2.6 million in the second quarter of 2025. Adjusted EBITDA was $0.6 million, up from a loss of $1.7 million a year earlier. Cash and cash equivalents stood at $1.9 billion as of June 30, 2026.
Sharon AI Signs US$373 Million Five-Year AI Cloud Service Agreement
Sharon AI has entered into a five-year cloud computing service agreement with a global artificial intelligence platform, with a total contract value of US$373 million. The company expects revenue under the agreement to begin in the first quarter of 2027, with an initial deployment utilizing 2,048 NVIDIA Blackwell Ultra B300 GPUs. Following this deal, Sharon AI's total AI Factory capacity remains at 132 megawatts, but contracted capacity to end customers now stands at 120 megawatts. The company also plans to upgrade from 62,000 to 64,000 NVIDIA GPUs across its AI Factory platform by mid-2027. The agreement supports Australia's ambition to become a leading destination for AI infrastructure investment in the Asia-Pacific region.
Sharon AI appoints Melissa Anastasiou as Chief Legal Officer
Sharon AI Holdings has appointed Melissa Anastasiou as Chief Legal Officer. Anastasiou brings more than two decades of legal, finance, and governance experience, including over 16 years at Spark New Zealand where she served as Executive Group General Counsel and Commercial Director. In her new role, she will lead Sharon AI's legal, governance, and compliance functions with a focus on regulatory discipline, responsible AI practices, and risk management. The appointment is part of the company's investment in building a leading AI infrastructure team as it scales its AI cloud platform and sovereign AI capabilities.
Sharon AI Signs US$1.32 Billion Five-Year Cloud Computing Service Agreement
Sharon AI has signed a five-year cloud computing service agreement with a global artificial intelligence lab valued at US$1.32 billion. The company expects to deploy cloud computing solutions across data center infrastructure in New Zealand, with revenue from the contract commencing across the first and second quarter of 2027. Sharon AI's total AI Factory capacity is 132 megawatts, of which 116 megawatts is contracted to end customers, and more than 62,000 NVIDIA GPUs are expected to be deployed by mid-2027.
SharonAI Holdings Inc. (SHAZ) Bullish Thesis Highlights Sovereign AI Infrastructure Opportunity
A bullish thesis on SharonAI Holdings Inc. was published on Acid Investments's Substack by N.R98. The company operates as a computing firm specializing in accelerated compute platforms, AI infrastructure, and cloud GPU environments, aiming to capitalize on rising demand for AI compute amid tight GPU supply. A recent institutional-backed capital raise and a six-year NVIDIA partnership have de-risked the balance sheet, with plans to scale toward 55,000 GPUs by mid-2027. The market implicitly values the company at roughly 3.5 to 4 billion dollars of enterprise value, implying a high EV per GPU compared with global neocloud peers. The investment case is described as a high-conviction, high-risk sovereign AI infrastructure opportunity driven by structural compute scarcity and accelerating agentic AI demand.
SHAZ · Capital · Positive Bullish thesis highlights capital raise and NVIDIA partnership de-risking balance sheet, with plans to scale GPU count.
NVDA · Demand · Positive NVIDIA's GPUs are in high demand for AI infrastructure, and the article highlights tight GPU supply and a partnership with SharonAI.
SharonAI Holdings Lands $2.2 Billion in AI Chip Deals, But One Contract Raises Credit Concerns
SharonAI Holdings Inc, an AI chip rental firm, has secured two major contracts totaling $2.2 billion, according to a report on Leopold Aschenbrenner's Situational Awareness portfolio. The company, which is one of only three Nvidia Cloud Partners in Australia, signed a $1.25 billion deal with Indian IT services firm ESDS and a $950 million take-or-pay agreement with an unnamed Asia-Pacific tech giant. Revenue from the ESDS contract is expected to begin in September 2026, while the second deal will start generating cash in the third or fourth quarter of 2026. However, the ESDS agreement requires annual payments of roughly $250 million over five years plus $140 million in letters of credit, far exceeding ESDS's $69.5 million in total assets and $39.9 million in annual revenue, leading to concerns that about 75% of Wall Street's revenue forecasts for SharonAI hinge on this single contract.
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United States