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News 2026-10-01 20:53 UTC

SharonAI Completes $356 Million Financing for GPU Infrastructure

SharonAI has secured a syndicated facility agreement totaling up to $356 million in senior secured term loans. These funds will be allocated to financing GPU servers and related infrastructure for a customer contract. The facility includes a $150 million tranche with a fixed cash interest rate beginning at 7.25%, and a