By Sarah Thompson, Kanika Sood, Emma Rapaport
Publication Date: 2026-06-14 07:25:00
Sharon AI, a Nasdaq-listed company, has hired Goldman Sachs to raise about $1 billion in common stock and convertible notes. This is intended to finance costs associated with a new contract with Nvidia, which was announced on Friday.
Sharon’s major investors were sent over the weekend the terms of the raise, which has yet to be publicly announced and would see the GPU rental business adopt the Private Investment in Public Equity (PIPE) structure.
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