Powering AI and High-Performance Computing Projects with Scalable, Cutting-Edge GPU-as-a-Service Solutions

SharonAI Holdings Inc. (Nasdaq: SHAZ), a leading Australian Neocloud, is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. The Company’s cloud GPU platform and compute infrastructure is supporting the build of AI factories and sovereign AI solutions, powering the next wave of accelerated computing adoption.

James Manning, co-founder and Chief Executive Officer of Sharon AI, joined John Nesbett, President of IMS Investor Relations, for a deep dive on the Company.

Thanks for joining us today, James. For those new to the story, can you tell us a bit about the Company?

Thanks for having me John, and sure thing. Sharon AI is a high-performance computing (HPC) company focused on artificial intelligence and cloud GPU compute infrastructure. We power AI and HPC projects with scalable, cutting-edge GPU-as-a-Service solutions optimized for performance, efficiency, and affordability. In February this year, we announced our Nasdaq listing and pricing of a $125 million U.S. initial public offering under the ticker SHAZ.

Our solutions couldn’t come at a more critical time, as worldwide data center electricity consumption, a proxy for AI demand, is expected to grow 2.2x from 500TWh to 1,090TWh from 2024 to 2030.

While Sharon has global reach, your primary focus is in Australia. Can you provide some color on why that’s such an attractive region for the Company?

While the HPC computing infrastructure sector is large and well established in the U.S., it’s still in its early stages in Australia and Asia-Pacific (APAC), as the region is constrained on power, capacity, and access to the latest generation GPUs.

Australia’s small population and large natural installed energy base make it an attractive destination for large-scale infrastructure investments, not to mention that our geographically remote location shelters us from various geopolitical conflicts that could otherwise slow or halt operations.

Furthermore, we’re one of only three NVIDIA Cloud Partners (NCPs) in Australia, and of those three, we’re one of two that has the necessary large-scale energy infrastructure to serve the needs of the region.

Can you walk us through your key partnerships?

We like to think about our business as a partnership driven model. We try to find partners both globally and domestically across hardware, power, and connectivity to ensure that we’re able to consistently deliver to our end customers. We have four key partners:

• NVIDIA is our most well-known partner. We became an NVIDIA Cloud Partner in December 2024, which allows us to operate GPU clusters built on NVIDA’s reference architecture. Our partnership with NVIDIA spans technology, financial and customer referral support.
• NextDC is Australia’s largest listed data center operator with a pipeline of 3.5GWs energy, of which we’ve secured 54MW for deployment this year. We work with NextDC to deploy our GPU solutions inside of their data center facilities.
• Our Cisco partnership accelerates and expands our enterprise opportunities in the APAC region, as Cisco has a go-to-market strategy in place to actively sell Sharon AI compute solutions to their end customers. 
• World Wide Technology (WWT) has been NVIDIA’s #1 global implementation partner for 10 years and handles our procurement, supply chain logistics, system testing and deployment. We have exclusivity with WWT throughout APAC.

Can you explain the Texas Critical Data Centers project and subsequent divestment?

Absolutely. Our team has a lot of experience building digital asset infrastructure, including identifying early sites and working through the necessary engineering and approvals processes. To that end, the Texas Critical Data Centers (TCDC) project was a 50/50 joint venture between Sharon AI and our then partner New Era Energy and Digital, Inc. for the development of an AI Data Center Campus in the Permian Basin in Texas.

Once we completed the preliminary engineering and regulatory process, we divested our 50% holding in TCDC for $70 million as New Era Energy and Digital prepared to deploy material CapEx into the ground. We achieved an excellent ROI after investing ~$3.5 million into the project.

Data center development projects are something that we’ll continue to keep an opportunistic eye on for the right locations, relationships and stakeholders, but at our core we remain focused on executing on our cloud GPU computing infrastructure business. You can think of these developments as an accelerant for our core GPU business.

GPU infrastructure is obviously a capital-intensive business – can you talk a bit about your available capital?

We currently have ~$300 million of available capital for deployment, which includes a $100 million convertible note completed in December 2025, the $125 million capital raise for our U.S. IPO, and the TCDC divestment for $70 million, which we anticipate receiving proceeds from by June of this year.

Additionally, in January 2026 we signed a $200 million revenue share agreement with Digital Alpha through our Cisco partnership, and a $500 million debt facility with USD.AI, for a combined ~$700 million of non-dilutive capital.

Thanks, James. Exciting stuff. We look forward to following Sharon AI’s progress as the Company continues to grow.

To learn more about Sharon AI, visit https://sharonai.com/en/ or follow the company on LinkedIn here.

To learn more about IMS Investor Relations, visit https://imsinvestorrelations.com/ or send us an email at inquiry@imsinvestorrelations.com