SharonAI climbs on $356 million debt deal for AI expansion
SHAZ•SharonAI secured a $356 million debt facility at a fixed 9.95% rate to fund AI infrastructure expansion, and its U.S.-listed shares rose 1% premarket. The company plans to deploy more than 68,000 Nvidia GPUs by mid-2027.
1. Debt funds expansion
SharonAI Holdings secured a $356 million debt facility at a fixed 9.95% rate to fund its AI infrastructure expansion. The company said the funds will support its planned deployment of more than 68,000 Nvidia GPUs by mid-2027 as it expands computing capacity across Australia, New Zealand and the Asia-Pacific.
