$52.370
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Noticias de SHAZ
Eventos de SHAZ
SharonAI Expands Executive Team, Appoints David Burns as COO
SharonAI announced an expansion of its executive leadership team to support the company's next phase of growth. David Burns has been appointed COO. Andrew Leece, current COO and Co-founder, will move into the dedicated role of Head of Strategic Partnerships and Co-founder. Burns has held senior executive roles at Telstra and IBM, with responsibility spanning P&L leadership, customer delivery, managed services, infrastructure, transformation and major acquisitions. Most recently, he served as Group Executive, Telstra Enterprise, where he led the company's Australian B2B and international portfolio. The appointments and leadership changes will take effect from 7th September.
SharonAI Shares Drop 10.8% to $58.38
SharonAI is down -10.8%, or -$7.07 to $58.38.
Sharon AI Reports Q2 Revenue of $1.93M, Below Expectations
Reports Q2 revenue $1.93M, consensus $5.48M. "In Q2, we established the commercial, infrastructure, and capital foundations for Sharon AI's next phase of growth at scale," said CEO James Manning. "Customer engagement continues to broaden and deepen, reflecting strong demand for secure, high-performance AI infrastructure and a growing recognition that access to power, compute and data sovereignty will be critical constraints as AI adoption accelerates. Our focus is on converting that demand and our contracted commitments into durable revenue growth and long-term shareholder value through disciplined execution. We are on track to bring contracted capacity online in accordance with our deployment schedule, while maintaining a thoughtful approach to capital allocation and pace of expansion. Revenue is expected to ramp materially from Q3 of 2026 through 2027. With an experienced leadership team backed by deep technical and operating expertise across the business, a best-in-class partner ecosystem and a strengthened balance sheet, we believe Sharon AI is well positioned to become a leading sovereign AI infrastructure platform across Australia, New Zealand, and the broader Asia-Pacific region."
Sharon AI Signs $373M Cloud Computing Agreement with Global AI Platform
Sharon AI has entered into a five-year cloud computing service agreement with a global artificial intelligence platform. The agreement has a total contract value of $373M over its five-year term. Under the agreement, Sharon AI expects to deploy cloud computing solutions across its AI infrastructure in Australia. The company expects revenue under the agreement to commence during 1Q27. Following execution of this agreement, Sharon AI's total AI Factory capacity remains at 132 MW but has now contracted a total of 120MW to end customers. The company will upgrade from 62,000 to 64,000 NVIDIA GPUs across its AI Factory platform by mid-2027. The initial deployment under this agreement is expected to utilize 2,048 NVIDIA Blackwell Ultra B300 GPUs. Additional deployments may occur over the term of the agreement in accordance with customer requirements and the terms of the contract.
Sharon AI Appoints Melissa Anastasiou as Chief Legal Officer
Sharon AI Holdings and its subsidiaries announced the appointment of Melissa Anastasiou as Chief Legal Officer. Melissa joins Sharon AI following more than 16 years at Spark New Zealand, where she served as Executive Group General Counsel and Commercial Director.
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