SharonAI Stock Price, News & Analysis
Company Description
SharonAI Holdings Inc. (trading under the symbol SHAZ on OTC Markets, with SHAZW as a related OTC symbol) is a High-Performance Computing company focused on artificial intelligence and cloud GPU compute infrastructure. According to company disclosures, Sharon AI describes itself as Australia’s leading Neocloud, with a cloud GPU platform and compute infrastructure that supports the build of AI factories and sovereign AI solutions for research and enterprise users.
The company positions its Neocloud platform around high-density computing power, using GPU-based infrastructure to support accelerated computing workloads. Its cloud GPU platform and related compute infrastructure are described as enabling the next wave of accelerated computing adoption for organizations that require substantial processing capability for AI and related applications.
Business focus and Neocloud platform
Sharon AI states that its core business is centered on High-Performance Computing for AI and cloud GPU compute. The company’s Neocloud platform is presented as a way for research and enterprise customers to access high-density compute resources suitable for AI factories and sovereign AI solutions. This focus on GPU-based infrastructure is highlighted as central to how the company serves customers that need scalable, accelerated computing.
In its public communications, Sharon AI notes that it is focused on bringing high performance compute to market at scale. The company indicates that its Neocloud operations are its core area of activity, and that it aims to support research and enterprise customers that require substantial GPU compute capacity.
Capital raising and compute deployment
Sharon AI has disclosed that it completed a capital raising in the form of a Convertible Note with at least US$100 million in proceeds. The company has stated that the net proceeds from this capital raising are expected to be used primarily to accelerate the deployment of high-density computing power in the form of NVIDIA GPUs, including B200s, B300s and GB300s. According to the company, greater visibility over the acquisition and deployment of this compute is expected to support engagement with additional potential customers.
Sharon AI has also highlighted relationships with ecosystem partners. In its public statements, the company notes that it works with partners such as NEXTDC, Cisco, Megaport, Lenovo, VAST Data and World Wide Technology. Sharon AI has described an agreement with NEXTDC to materially expand its data center footprint, with up to 50MW of additional capacity across NEXTDC’s Australian and Asia-Pacific data center network, and has linked this capacity expansion to its plans for GPU compute deployment.
Joint venture interest in Texas Critical Data Centers LLC
Sharon AI has disclosed that it holds a 50% interest in Texas Critical Data Centers LLC (TCDC), a 50/50 joint venture with New Era Energy & Digital Inc. (New Era). The company has announced that it entered into a binding term sheet for the sale of its 50% interest in TCDC to New Era for an aggregate consideration valued at US$70 million, structured as a senior secured convertible promissory note, cash, and equity in New Era, subject to certain events and timeframes.
According to Sharon AI, the sale of its interest in TCDC is expected to facilitate further investment in its core Neocloud operations. The company characterizes this transaction as an opportunity to crystallize value from the Ector County project associated with TCDC while sharpening its focus on expanding its Neocloud platform for research and enterprise customers.
Geographic and market orientation
In its public communications, Sharon AI identifies itself and its subsidiaries as Australia’s leading Neocloud and notes that it is engaging with existing and potential customers across the Asia-Pacific region. The company has linked its partnerships and data center footprint expansion, particularly through NEXTDC’s Australian and Asia-Pacific network, to its efforts to provide high-density compute solutions in that region.
Sharon AI’s disclosures emphasize its intention to work with a variety of customers that require high-density compute solutions for their current and future needs. The company presents its Neocloud platform and GPU-based infrastructure as central to serving these requirements in the Asia-Pacific market.
Regulatory and corporate information
SharonAI Holdings Inc. is a reporting company in the United States. In a Form 8-K, the company reported that its principal executive offices are located in New York, New York. The same filing notes that the company does not have securities registered under Section 12(b) of the Securities Exchange Act of 1934.
The Form 8-K also describes changes in the company’s independent registered public accounting firm. The Audit Committee of the Board of Directors approved the dismissal of CBIZ CPAs P.C. as the company’s independent registered public accounting firm and the engagement of HoganTaylor LLP for the company’s fiscal year 2025 audit. The filing states that during the period of engagement with CBIZ CPAs there were no disagreements or reportable events as defined in applicable SEC regulations.
Position within the AI and cloud GPU compute space
Sharon AI’s own descriptions place it within the High-Performance Computing segment focused on AI and cloud GPU infrastructure. The company highlights its Neocloud positioning, its emphasis on high-density GPU deployment, and its partnerships with data center and technology providers as key elements of its approach. Its communications underscore an intent to support AI factories and sovereign AI solutions, and to provide cloud GPU resources to research and enterprise users that require accelerated computing.
Investors and observers analyzing SHAZ as a stock can refer to these disclosures to understand how Sharon AI characterizes its Neocloud platform, its capital deployment priorities toward GPU infrastructure, its joint venture and divestment activity related to TCDC, and its relationships with partners in the data center and technology ecosystem.