Prime Highlights :
- Sharon AI secured a $950 million deal weeks after closing a $1.25 billion agreement.
- CEO said demand across enterprise, hyperscale, and AI-native sectors is growing rapidly.
Key Facts :
- Sharon AI is an Australian neocloud that listed on Nasdaq in early 2026 via a $125 million IPO.
- NextDC operates 18 data centres across the Asia-Pacific region, with locations across major Australian cities.
Background :
Australian neocloud Sharon AI has signed a $950 million cloud computing infrastructure agreement with an undisclosed global technology company, marking another major contract win for the fast-growing firm.
The five-year deal will see Sharon AI deploy compute capacity across multiple NextDC data centres in Australia. The customer, described only as a global technology company with a significant Asia-Pacific presence, has not been named. Sharon AI expects to begin earning revenue from the agreement by the end of the third quarter of 2026, with additional deployments contributing further income in the fourth quarter.
The infrastructure will run on Vast Data’s AI Operating System, which brings together storage, database, compute, and real-time processing into a unified platform.
Sharon AI’s co-founder and CEO stated that the contract builds on previously announced agreements in the region and that demand across enterprise, hyperscale, research, and AI-native sectors continues to grow across Australia and Asia-Pacific. NextDC’s chief customer officer echoed the sentiment, saying the company was pleased to deepen its partnership with Sharon AI across its Australian facilities.
The deal comes just weeks after Sharon AI signed a separate $1.25 billion cloud capacity agreement with ESDS Software Solutions in Australia, also spanning five years.
Sharon AI listed on the Nasdaq stock exchange in the first quarter of 2026 through a $125 million IPO. At the time of its listing filing, the company had just 432 GPUs and 195 CPUs active across Australia. It has since announced a supercluster of 1,000 Nvidia B200 GPUs, set to be housed at NextDC’s Melbourne facility.
For the quarter ending in the final month of the first quarter of 2026, the company reported $294,012 in revenue from its GPU infrastructure service, up from $243,970 the previous quarter.