BUZZ-SharonAI rises; signs $1.32 billion cloud computing services deal - SHAZ News | RalliesBUZZ-SharonAI rises; signs $1.32 billion cloud computing services deal
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SHAZ• Shares rise after cloud deal announcement
- Shares of Australia-based neocloud firm SharonAI
SHAZ.O rise 2.3% to $72.25 premarket
- Co signs $1.32 billion five-year cloud computing services agreement with a global AI lab
- Co expects to deploy cloud computing infrastructure across data centers in New Zealand
- Says revenue from the contract is expected to begin in the first and second quarters of 2027
- SHAZ has risen more than 100% since going public in February
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