SharonAI Holdings and its subsidiaries, an Australian AI infrastructure provider listed on the OTC Markets (SHAZ, SHAZW), said USD.AI has approved a debt facility of up to $500 million to support the company’s planned buildout of large-scale GPU compute capacity across Australia and the broader Asia-Pacific region.
The facility is structured as asset-backed, non-recourse financing accessed through USD.AI’s on-chain credit system. Under the approach, verified GPU deployments are expected to be financed via stablecoin liquidity, a structure Sharon AI says is designed to enable more capital-efficient infrastructure expansion while reducing reliance on traditional bank lending and private credit markets.
Sharon AI expects to begin drawing on the facility as early as the first quarter of calendar year 2026, with an initial $65 million earmarked for GPU deployments. Additional capacity can be financed over time as new infrastructure is validated and brought into operation, according to the announcement.
The company said the USD.AI facility follows a recently completed $100 million convertible note capital raise intended to accelerate deployments of high-performance compute workloads in Australia and Asia-Pacific. Sharon AI’s broader strategy centers on building secure, high-performance compute optimized for both AI training and inference, with a stated focus on serving hyperscale, research, enterprise, and government customers.
USD.AI positioned the arrangement as part of a wider push to standardize GPU-backed credit as a financing mechanism for next-generation AI infrastructure. The protocol’s model isolates risk at the infrastructure level by securing credit against verified GPU assets rather than corporate balance sheets. Approved deployments are independently validated and converted into standardized on-chain collateral, which USD.AI says supports transparent credit issuance and ongoing monitoring.
USD.AI said the Sharon AI approval adds to previously approved GPU-backed guidance facilities with QumulusAI and Quantum Solutions. Across those operators, USD.AI said it has now approved more than $1.2 billion in guidance and non-recourse facilities for AI infrastructure operators across multiple geographies.
Sharon AI described itself as a “Neocloud” provider focused on high-performance computing and cloud GPU compute infrastructure, positioning its platform as supporting “AI factories” and “sovereign AI” solutions.
KEY QUOTES:
“Sharon AI is precisely the type of partner USD.AI was built for – well capitalized with operational expertise and public market discipline, but unwilling to let growth be constrained by slower-moving, legacy financial rails. Their speed to adopt new financial infrastructure allows them to scale quickly to establish a dominant presence in Australia and Asia-Pacific.”
Conor Moore, Co-Founder and COO, Permian Labs (Developer of the USD.AI Protocol)
“We are excited to have partnered with such an innovative financier in USD.AI. Their approach to GPU financing is market leading, and we look forward to further deployments with them as we accelerate our compute infrastructure to service hyperscale, research, enterprise and government customers in Australia and Asia-Pacific.”
James Manning, Co-Founder and Chairman, Sharon AI
