CompaniesStreet TalkPrint articleSarah Thompson, Kanika Sood and Emma RapaportJun 14, 2026 – 5.25pmNasdaq-listed Sharon AI has hired Goldman Sachs to raise about $1 billion across common stock and convertible debt, in a deal that will fund expenses relating to a new contract with Nvidia that was announced on Friday.Sharon’s big-ticket investors over the weekend were sent the terms for the raising which is yet to be announced publicly and would see the graphics processing units (GPU) rental business deploy the private investment in public equity (PIPE) structure.Loading...Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.comKanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.auEmma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreStreet TalkIPOCapital raisingAIData centresGoldman SachsSee all Street Talk