TLDR
- SharonAI and Nvidia announced a six-year compute deal to deploy 72MW of new data-center capacity in Australia
- Up to 40,000 Nvidia Grace Blackwell GB300 GPUs will serve startups, enterprises, and university researchers
- Nvidia will earn standard chip revenue plus a cut of Sharon AI’s cloud revenue
- SHAZ stock jumped as much as 25% on the news; it’s up 138% since its February IPO at $30
- Sharon AI’s total AI factory capacity now stands at 132MW, with 102MW contracted to end customers
SharonAI Holdings (SHAZ) stock surged as much as 25% on Friday after the Australian cloud infrastructure company announced a six-year strategic compute deal with Nvidia (NVDA).
SharonAI Holdings, Inc. Class A Common Stock, SHAZ
SHAZ was trading around $78.79, up roughly 10% in early moves, though some reports pegged the intraday surge as high as 25%. The stock has now climbed 138% from its February IPO price of $30.
Under the agreement, the two companies will deploy 72 megawatts of new data-center capacity in Australia, scaling up to 40,000 Nvidia Grace Blackwell GB300 GPUs. The infrastructure will serve AI startups, enterprises, and university researchers.
Nvidia’s cut is twofold — it earns standard product revenue from chip sales and a share of cloud revenue from the capacity supported under the deal. It’s a structure that gives Nvidia a recurring earnings stream while helping Sharon AI extend services to customers who might not otherwise afford large-scale AI compute.
“This strategic compute collaboration with Nvidia marks a pivotal moment in Sharon AI’s mission to deliver sovereign, large-scale AI compute infrastructure,” said co-founder and CEO James Manning.
Sharon AI was founded on December 30, 2024 — yes, that’s less than 18 months ago — and already carries a market cap of $1.2 billion. The company has positioned itself as an Australian neocloud, similar in model to CoreWeave (CRWV) or Nebius Group (NBIS).
Capacity Expands to 132MW
The deal builds on Sharon AI’s existing status as a certified Nvidia Cloud Partner. Following the agreement, total AI factory capacity has expanded to 132MW, with 102MW now contracted to end customers.
The company expects to have more than 55,000 total Nvidia GPUs deployed by mid-2027.
Nvidia’s own stock barely moved on the news — NVDA was up just 0.6% on Friday, which isn’t surprising given the size difference between the two companies.
Fast Rise Since IPO
Sharon AI went public in February at $30 per share. Since then the stock has been one of the more eye-catching performers in the AI infrastructure space, more than doubling before this latest catalyst.
The Nvidia revenue-sharing model is a relatively new structure for the chip giant, giving it ongoing exposure to cloud services revenue rather than just one-time hardware sales. Sharon AI will deploy Nvidia’s DSX AI factory design as part of the buildout.
The company expects more than 55,000 Nvidia GPUs to be live by the middle of next year.
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