{"id":846783,"date":"2026-08-07T12:40:09","date_gmt":"2026-08-07T12:40:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/846783\/"},"modified":"2026-08-07T12:40:09","modified_gmt":"2026-08-07T12:40:09","slug":"why-sharon-ai-asx-float-is-delayed-despite-8-8-billion-in-contracts","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/846783\/","title":{"rendered":"Why Sharon AI ASX float is delayed despite $8.8 billion in contracts"},"content":{"rendered":"<p>The chief executive of Australian artificial intelligence infrastructure start-up Sharon AI says troubled hedge fund Situational Awareness has retained a major stake, despite its suffering a barrage of margin calls, and that its public float prospectus is ready to go.<\/p>\n<p>The fund run by German-born investor Leopold Aschenbrenner had been an anchor investor in a $US1.6 billion ($2.3 billion) private placement in the Nasdaq-listed company in June, but it had to sell the majority of its holdings to repay most of its backers last week.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"The chief executive of Australian artificial intelligence infrastructure start-up Sharon AI says troubled hedge fund Situational Awareness has&hellip;\n","protected":false},"author":2,"featured_media":846784,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-846783","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/846783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=846783"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/846783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/846784"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=846783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=846783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=846783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}