Australian Neocloud Sharon AI Locks in $950 Million Five-Year AI Cloud Contract
Sharon AI signs a $950M cloud deal, rolling out faster, cheaper AI systems in Australia, with revenue expected starting late 2026.
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Sharon AI signs a $950M cloud deal, rolling out faster, cheaper AI systems in Australia, with revenue expected starting late 2026.
Mobix Labs has signed a non-binding LOI to acquire SPD, a U.S. firm building sovereign supply chains for rare earths and critical minerals powering F-35s, submarines, and AI infrastructure.
POET shares jumped after landing a $50M purchase order from Lumilens for next-gen AI optical tech. Their new Electrical-Optical Interposer platform could scale to $500M+ over 5 years.
Intuitive Machines nearly tripled Q1 revenue to a record $186.7M but missed Wall Street estimates. It posted its first positive Adjusted EBITDA and a huge $1.1B backlog.
Bullish Q1 missed estimates, but profits rose. Trading slowed, shares fell, and it announced a $4.2B Equiniti deal.
US approved Nvidia H200 AI chips for 10 Chinese giants including Alibaba, Tencent and ByteDance. But zero chips have shipped as Beijing blocks imports to boost homegrown tech. Jensen Huang in Beijing now.