Today, SharonAI Holdings Inc. (NASDAQ:SHAZ) and its subsidiaries ("Sharon AI" or "the Company"), a leading Australian Neocloud, announced a significant expansion of its AI Cloud services business, with the signing of an initial five-year, US$1.25BN TCV AI infrastructure agreement with ESDS Software Solutions Ltd. The customer has an option to extend for an additional 2 years.

Under the terms of the contract, Sharon AI will deploy an 8K B300 cluster within one of the company's existing data center providers in Australia, with revenue expected to commence in the third quarter of 2026.