Sharon AI closes $350M private offering of convertible notes to fuel GPU buildout
Sharon AI has successfully raised $350 million through a private offering of convertible notes. The funding, led by Oaktree Capital Management, will be used to enhance the company's GPU infrastructure. This investment reflects a strong institutional interest in the AI sector's foundational technologies.
- ▪Sharon AI raised $350 million through a private offering of convertible senior notes.
- ▪The financing round was led by Oaktree Capital Management.
- ▪The proceeds will primarily be used for procuring GPUs and advanced network hardware.
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Sharon AI closes $350M private offering of convertible notes to fuel GPU buildout Oaktree Capital Management leads the financing round as the AI cloud company locks in six-year debt to expand its hardware fleet. Share Add us on Google by Editorial Team May. 20, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); SharonAI Holdings Inc.
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