Home/Deal Room/SharonAI signs up to $4.88B NVIDIA AI compute agreement

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SharonAI signs up to $4.88B NVIDIA AI compute agreement

SharonAI + NVIDIA

Primary sourceSEC summary2026-06-12
Deal structureMaster cloud services agreement and GPU compute order form / AI factory capacity
GeographyAustralia AI data-center capacity supporting SharonAI cloud customers
Infrastructure layersChips / compute + cloud capacity + data centers + financing
Disclosed scaleSix-year strategic compute collaboration with NVIDIA valued at up to $4.88B, adding 72 MW of Australian AI data-center capacity and up to 40,000 NVIDIA Grace Blackwell GB300 GPUs; SharonAI said the program expands its AI factory footprint to 132 MW, with 102 MW contracted to end customers and more than 55,000 NVIDIA GPUs expected deployed by mid-2027

Why it matters

The strategic read

Pushes the AI factory deal tape beyond U.S. hyperscaler campuses into a public GPU-cloud buildout with a named NVIDIA contract value. The filing links Grace Blackwell supply, DSX AI factory design, revenue-share economics, Australian data-center capacity and customer-contracted megawatts in one package, while also surfacing the hard execution risks: financing, phased GPU acceptance, availability thresholds, regulatory controls and termination rights.

Source-supported terms

What was disclosed

  1. 01

    SharonAI filed a Form 8-K on June 12, 2026 announcing a six-year strategic compute collaboration with NVIDIA.

  2. 02

    The filing says the collaboration is pursuant to a Master Cloud Services Agreement and Order Form 1 dated June 8, 2026.

  3. 03

    SharonAI disclosed a contract value of up to $4.88B.

  4. 04

    The company said the agreement adds 72 MW of new AI data-center capacity in Australia.

  5. 05

    SharonAI said the deployment can include up to 40,000 NVIDIA Grace Blackwell GB300 GPUs.

  6. 06

    The announcement describes the buildout as using NVIDIA DSX AI factory design.

  7. 07

    SharonAI said NVIDIA will receive standard product revenue and a share of revenue from SharonAI NVIDIA-powered cloud services.

  8. 08

    The company said the transaction expands total AI factory capacity to 132 MW.

  9. 09

    SharonAI said 102 MW of that capacity is contracted to end customers.

  10. 10

    SharonAI expects more than 55,000 NVIDIA GPUs to be deployed by mid-2027 across the broader program.

  11. 11

    SharonAI announced on June 29 that it closed a previously announced, oversubscribed $1.6B private placement financing, including about $900M of equity / prefunded warrants and $700M of 4.75% convertible senior notes due 2032.

  12. 12

    The June 29 closing release said the financing was anchored by Situational Awareness and funds managed by Oaktree Capital Management, alongside new and existing institutional and strategic investors.

  13. 13

    SharonAI said proceeds will support the NVIDIA strategic compute collaboration and broader expansion plans.

  14. 14

    The SEC filing states that revenue realization depends on phased procurement, delivery, installation, testing and acceptance of the GPU cluster infrastructure.

  15. 15

    The filing also flags financing needs, service-level obligations, possible service credits or penalties, export controls, permitting, regulatory approvals, cybersecurity and data-protection risk, and termination rights tied to material breach or sustained cluster unavailability.

Disclosure boundary

What is known—and what is not

Primary SharonAI Form 8-K and incorporated press releases. Public materials disclose the NVIDIA counterparty, MCSA and order-form date, six-year term, up-to-$4.88B value, 72 MW Australian capacity addition, up-to-40,000 GB300 GPU scope, DSX AI factory design, revenue-share structure, broader 132 MW / 102 MW contracted / 55,000 GPU deployment targets, and the $1.6B financing close intended to support the NVIDIA collaboration. Public materials do not disclose the full MCSA or order form, GPU delivery schedule by phase, per-GPU pricing, customer identities for the 102 MW contracted capacity, end-customer contract terms, data-center site owners, utility arrangements, final use-of-proceeds allocations by site/order, collateral terms, SLA thresholds, service-credit schedules, export-control determinations, permitting status, or remedies beyond the risk-factor summary.