SharonAI(NASDAQ) SHAZ

SharonAI Holdings Inc. rents out powerful computers to run artificial intelligence. It provides digital space and fast hardware for complex data tasks. This helps organizations use advanced technology without owning expensive equipment.

What SharonAI Brings to Market

• GPU Cloud Services: High-performance computer hardware, known as graphics processing units (GPUs), used for training and running complex artificial intelligence models.
• Sovereign Infrastructure: Data storage and networking tools designed to keep sensitive information and intellectual property within specific national borders.
• Managed Service Agreements: Ongoing support and maintenance for computing equipment provided through third-party data center facilities.

Scaling Up the Digital Factory

• Formed a collaboration with NVIDIA on June 12, 2026, to build a 72-megawatt (MW) artificial intelligence factory and deploy up to 40,000 chips in Australia.
• Expanded a partnership with VAST Data on June 16, 2026, to provide 600 petabytes of advanced storage for data foundations.
• Signed a $1.32 billion cloud service agreement on July 16, 2026, to deploy computing solutions for an artificial intelligence laboratory in New Zealand.
• Raised approximately $900 million through a private offering of stock and pre-funded warrants in June 2026.

Building Sovereign Intelligence

SharonAI operates as a neocloud provider, which is a modern cloud service built specifically for intensive machine learning and data training tasks. The company focuses on sovereign capability, ensuring that high-performance computing power and sensitive data remain physically located in regions like Australia and New Zealand.

The Financial Scorecard

• Revenue reached $1.9 million in the second quarter of 2026, up approximately 412% year over year.
• Net loss was $430.4 million in the second quarter of 2026 compared to $2.6 million in the same period of 2025.
• Cash and cash equivalents totaled $1.86 billion as of June 30, 2026.
• Total revenue for the six-month period ended June 30, 2026, was $2.2 million, up approximately 217% year over year.
• Selling, general, and administrative expenses rose to $8.7 million in the second quarter of 2026.

Bottom Line

SharonAI has transitioned from basic data storage to providing specialized infrastructure for the growing artificial intelligence market. Its recent large-scale capital raises and technical partnerships position it as a regional provider of high-performance computing resources.