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Sharon AI completed the acquisition of Distributed Storage Solutions for $25m.

Synopsis

Sharon AI, a high-performance computing business focused on artificial intelligence cloud GPU compute infrastructure, completed the acquisition of Distributed Storage Solutions, a sustainable and robust data storage infrastructure, for $25m. “We are looking forward to expanding our existing AI GPU Compute and Cloud Storage operations in 2024 and beyond, driven by Sharon AI’s board and management team who have significant experience in energy markets and data center infrastructure. Our team has previously deployed over 100 modular data centers across more than 200MW of energy capacity in the US. The demand for GPU specific workloads and specialized data centers driven by generative AI is enormous and we are excited about the opportunities in front of us,” Wolf Schubert, Sharon AI CEO.

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