Undisclosed buyer / Undisclosed global AI lab compute deal, July 2026

Announced Jul 16, 2026 · Undisclosed · $1.3B · Cloud computing services over five years

Sharon AI reports a five-year cloud computing agreement with an unnamed global AI lab. It plans deployments across data center infrastructure in New Zealand and expects revenue to begin in Q1–Q2 2027. That revenue window is not reported as a first compute or power date. Sharon AI's 132 MW AI Factory capacity and 116 MW contracted to customers are company-wide amounts, not this customer's allocation.

Timing note: Cloud deployments planned in New Zealand; revenue expected across Q1 and Q2 2027, with no distinct first-compute date stated