SharonAI Stock Jumps as Nvidia Deal Puts $4.88 Billion AI Cloud Bet in Focus
SharonAI Holdings Inc. shares moved back into the AI-infrastructure spotlight Friday after the company announced a six-year strategic compute collaboration with NVIDIA that SharonAI said has a contract value of up to $4.88 billion. The agreement targets 72 megawatts of new data-center capacity in Australia and the deployment of up to 40,000 NVIDIA Grace Blackwell GB300 graphics processing units, or GPUs, the chips used to run large artificial-intelligence training and inference workloads.