Sharon AI has signed a five-year AI cloud services agreement worth USD 373 million with a global artificial intelligence platform, significantly increasing the share of its AI Factory capacity contracted to customers. The Australian cloud infrastructure provider said the agreement covers the deployment of cloud computing services across its AI infrastructure in Australia, with revenue from the contract expected to begin in the first quarter of 2027.
The deal lifts Sharon AI's contracted customer capacity to 120 megawatts out of a total AI Factory capacity of 132 megawatts, leaving only 12 megawatts uncontracted. This rapid uptake highlights the pace at which operators are securing reserved access to data centre infrastructure designed for AI workloads. The company also plans to increase the number of Nvidia graphics processing units across its AI Factory platform to 64,000 by mid-2027, up from 62,000, reflecting a broader hardware build-out tied to customer demand.
An initial deployment under the contract is expected to use 2,048 Nvidia Blackwell Ultra B300 GPUs, with further deployments possible during the five-year term depending on customer requirements and contract terms. The inclusion of Blackwell Ultra B300 systems suggests Sharon AI is aligning its fleet with newer-generation processors sought by model developers and enterprise customers. The customer was described only as a global AI platform, with no further details on the counterparty or the specific location of the initial deployment in Australia.
James Manning, Co-founder and Chief Executive Officer of Sharon AI, emphasized the strategic importance of the agreement. "This agreement represents an important milestone in the continued expansion of Sharon AI's customer base and contracted AI infrastructure capacity. As organisations increasingly seek access to sovereign, high-performance AI compute, we remain focused on delivering scalable infrastructure that supports the evolving needs of AI platforms, enterprises and governments. We continue to see strong demand for AI infrastructure in Australia and across the Asia-Pacific region, and this agreement reflects our strategy of securing long-term customer commitments as we expand our AI Factory platform," Manning said.
The contract adds to evidence of sustained demand for AI-focused data centre services in Australia, where operators are racing to secure electricity supply, data centre space and specialist chips. Long-term agreements have become increasingly important in the sector because they can support financing for large infrastructure deployments. For Sharon AI, the contract provides a clearer picture of near-term utilisation, with most of its current AI Factory capacity now committed to end customers.
Sharon AI is positioning its Australian infrastructure as a base for AI computing demand in the Asia-Pacific region. The company operates in a market where customers are seeking local hosting for AI training and inference systems, particularly where data residency, latency and access to domestic infrastructure matter. This has helped support demand for operators offering Australian-based AI cloud services rather than relying entirely on offshore computing resources. The agreement is expected to help expand AI computing availability within Australia while serving international AI platforms through infrastructure located in the country.