Sharon AI (SHAZ NASDAQ) debuts with $1b valuation after US IPO, rival Firmus Technologies planning mid-year listing

Australian artificial intelligence play Sharon AI has hit the New York markets with a value of $1 billion as investors race for exposure to companies associated with data centres and digital infrastructure.

Sharon AI, now trading on the Nasdaq under the ticker Shaz, provides equipment to help companies run the high-end computer chips from Nvidia and AMD needed for AI processing.

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