Sharon AI Secures $1.32 Billion Cloud Computing Contract in New Zealand

Sharon AI has secured a five-year, $1.32 billion cloud computing contract with an unnamed global AI lab to be deployed across data-center infrastructure in New Zealand. The deal is expected to generate revenue starting in the first half of 2027 and highlights growing demand for AI compute resources.

By Aditya Raghunath Mon, July 20, 2026 at 11:18 PM GMT+3 4 min read · Yahoo Finance ·

Sharon AI Secures $1.32 Billion Cloud Computing Contract in New Zealand

Tickers: $NVDA $SHAZ

Topics: AI Infrastructure Cloud Computing Corporate Growth

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