Sharon AI signs a $373M compute contract

Sharon AI signed a $373 million, five-year cloud contract whose initial deployment is expected to use 2,048 Nvidia Blackwell Ultra B300 GPUs, with revenue scheduled to begin in early 2027, according to the company’s service agreement announcement. The Australian neocloud now has customers contracted for 120 of its 132 megawatts—about 91%—which is another sign that the capacity race behind Amazon’s $220 billion AI infrastructure bet is spreading into sovereign regional clouds. Builders planning Australian workloads should file away the utilization figure: available local capacity can tighten well before the hardware arrives.