Australian neocloud Sharon AI has secured a cloud computing infrastructure agreement with an unnamed customer valued at $950 million.
The agreement will see the Aussie firm deploying compute capacity at multiple NextDC data centers in Australia for the mystery customer.
– James Manning via LinkedIn
Described only as a "global technology company with major Asia-Pacific presence," the company will take on capacity for a period of five years. Sharon AI expects to begin generating revenue from the agreement by the end of Q3 2026, with further deployments bringing in revenue in Q4 2026.
The capacity will utilize Vast Data's AI Operating System to unify the storage, database, compute, and real-time processing.
