Sharon AI Completes Early Receipt of Remaining Payment from Texas Data Centers Joint Venture Sale

Sharon AI has announced the accelerated receipt of the remaining consideration from the sale of its 50% ownership in a Texas-based critical data centers joint venture. The company confirmed that it has finalized arrangements to receive the outstanding balance earlier than initially anticipated, completing its financial obligations related to the transaction.

The sale involved Sharon AI divesting half of its stake in the joint venture, which operates critical data center facilities in Texas. While specific financial details were not disclosed, the company stated that this accelerated payment aligns with previously agreed-upon terms. The move marks a significant step in finalizing Sharon AI’s involvement with the joint venture and allows for a more expedited conclusion to this phase of their business dealings. Further details regarding how these funds will be allocated or reinvested have not been provided at this time.

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Date: April 13, 2026

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GOAI