SharonAI completes first AI cloud deployment under US$950M five-year contract

SharonAI Holdings Inc.

Customer acceptance of initial AI Cloud deployment completed for global tech customer with Asia-Pacific presence.
Deployment triggers release of cash security held in escrow; contract total initial value ~US$950M.
Revenue expected to commence in stages across Q3 and Q4 2026.
Company has 220MW of AI Factory capacity; 120MW contracted under multi-year take-or-pay agreements.
First phase delivered; additional NVIDIA GPU clusters expected over coming months.

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