Welcome to our dedicated page for SharonAI news (Ticker: SHAZ), a resource for investors and traders seeking the latest updates and insights on SharonAI stock.
SharonAI Holdings Inc. (SHAZ) generates news that centers on its High-Performance Computing activities, Neocloud positioning, and capital deployment into cloud GPU infrastructure. The company describes itself as Australia’s leading Neocloud, focused on artificial intelligence and cloud GPU compute infrastructure for research and enterprise customers, and its announcements reflect this emphasis on high-density compute.
Recent news has highlighted Sharon AI’s capital raising and investment plans. The company announced the completion of a Convertible Note capital raising of at least US$100 million, with net proceeds expected to be used primarily to accelerate the deployment of high-density computing power using NVIDIA GPUs, including B200s, B300s and GB300s. Sharon AI links this deployment to its ability to engage with additional potential customers and to expand its Neocloud operations.
Another key news theme is corporate transactions related to infrastructure assets. Sharon AI has disclosed a binding term sheet to sell its 50% interest in Texas Critical Data Centers LLC, a 50/50 joint venture with New Era Energy & Digital Inc., for aggregate consideration valued at US$70 million. The company states that this divestment is expected to facilitate further investment in its core Neocloud platform and to crystallize value from the Ector County project.
Visitors to this SHAZ news page can review updates on Sharon AI’s capital raising activities, GPU deployment plans, joint venture transactions, and partnerships with ecosystem companies such as NEXTDC, Cisco, Megaport, Lenovo, VAST Data and World Wide Technology. Monitoring these announcements can help readers understand how Sharon AI is positioning its Neocloud platform, expanding data center capacity, and reallocating resources toward high-density GPU infrastructure.
Cisco (NASDAQ: CSCO), Sharon AI and NVIDIA launched Australia’s first Cisco Secure AI Factory on February 23, 2026, delivering sovereign, high-performance AI infrastructure with all data processing retained in-country.
The facility is powered by 1024 NVIDIA Blackwell Ultra GPUs, Cisco UCS servers, Nexus Hyperfabric, VAST Data storage and NEXTDC hosting, supporting Australia’s National AI Plan and enterprise AI adoption across Asia-Pacific.
Sharon AI (NASDAQ:SHAZ) priced a U.S. initial public offering of 4,166,666 shares at $30.00 per share, targeting gross proceeds of approximately $125 million before fees. The shares begin trading on Nasdaq on February 18, 2026, with closing expected on or about February 19, 2026.
The company plans to use net proceeds to acquire additional GPU-focused equipment and for working capital and general corporate purposes. Lead investors include funds managed by Oaktree Capital and Two Seas Capital. Lucid Capital Markets is sole book-running manager.
Sharon AI (OTC: SHAZ) will deploy a 1,000-unit B200 cluster at NEXTDC's Tier IV M3 data center in Melbourne, delivered under Sharon AI's Lenovo TruScale agreement and integrated with VAST Data storage.
The DGX Blackwell-based B200 cluster promises up to 3X training and 15X inference performance versus prior-generation systems, expanding Sharon AI's GPU fleet and supporting sovereign AI workloads across Asia-Pacific.
Sharon AI (OTC: SHAZ) announced that Co-Founder and Chairman James Manning becomes Chief Executive Officer effective January 23, 2026. Manning has over 20 years of finance, accounting and operations experience and over the past eight years has developed and monetized more than 300 MW of high-performance compute infrastructure across the United States and Australia. The company said Wolf Schubert will continue as Country Manager – USA to support US development and Asia‑Pacific hyperscale, AI lab and global enterprise sales. Management framed the change as alignment to focus Sharon AI on scaling sovereign high-performance compute and capitalizing on surging AI demand.
Sharon AI (OTC:SHAZ) secured a debt facility of up to US$500 million from USD.AI to finance GPU-backed AI infrastructure across Australia and Asia-Pacific. The on-chain, asset-backed, non-recourse structure is designed to let approved GPU deployments be financed with stablecoin liquidity. Sharon AI may begin drawing as early as 1Q CY2026 to fund an initial US$65 million of GPU deployments. The company also recently completed a US$100 million convertible note to accelerate deployments. USD.AI has approved more than US$1.2 billion in guidance and non-recourse facilities for AI infrastructure operators.
Sharon AI (SHAZ) announced a strategic investment partnership with Digital Alpha and an exclusive technology partnership with Cisco to expand enterprise AI and high-performance compute across Australia and Asia Pacific. The transaction includes an equity and revenue-share investment of up to US$200M to scale Sharon AI Cloud, a proprietary orchestration platform for NVIDIA-accelerated GPU workloads, including LLM training, fine-tuning, inference, and RAG use cases. The three-way agreement targets accelerated AI infrastructure deployments, full-stack compute, network and storage integration, and support for research, government, and enterprise customers in the region.
New Era Energy & Digital (Nasdaq: NUAI) completed its acquisition of Sharon AI’s 50% ownership interest in Texas Critical Data Centers LLC (TCDC) on Jan 17, 2026. Sharon AI will retain no ownership, governance rights, or control provisions in TCDC. The company said the transaction moves TCDC from planning into execution and cited advisors Vinson & Elkins and Sheppard Mullin as legal counsel to the respective parties.
Key points: New Era now holds 100% of TCDC, ending the joint ownership with Sharon AI and positioning the project for the next development stage.
Sharon AI (OTC:SHAZ) entered a binding term sheet to sell its 50% interest in Texas Critical Data Centers LLC for an aggregate US$70m to joint-venture partner New Era Energy & Digital. Proceeds comprise a US$50m senior secured convertible promissory note (Sharon AI may convert 20% of the note into New Era common stock based on the 30‑day VWAP at the note due date of 30 June 2026), US$10m cash payable upon certain events no later than 31 March 2026, and US$10m equity in New Era shares payable on similar conditions by that date.
The sale is intended to fund Sharon AI’s core Neocloud expansion and follows a prior ~US$100m convertible note capital raise.
Sharon AI (OTC:SHAZ) completed an at-least US$100m convertible note capital raise as of 19 December 2025, led by Canaccord Genuity Australia with participation from new and existing institutional and strategic investors.
Net proceeds are expected to be used primarily to acquire high-density NVIDIA GPU compute (B200, B300, GB300) to accelerate deployment and customer engagement across the Asia-Pacific region. Sharon AI previously signed a NextDC agreement on 4 November 2025 to expand data centre footprint by up to 50MW, and lists partners including Cisco, Megaport, Lenovo, VAST Data and World Wide Technology.