Sharon AI Announces Oversubscribed US$1.6 Billion Strategic Financing to Accelerate Expansion of AI Factories Across Australia and the Asia-Pacific

Sharon AI last week started collecting so-called conversion elections from fund managers who cut cheques for its $US100 million ($141 million) pre-IPO round in December.

SharonAI (SHAZ) expands VAST Data partnership, deploying 600PB of AI OS for sovereign infrastructure. Stock jumps nearly 10%.