Sharon AI Inc and Roth CH Acquisition Co. (OTC: USCTF) Sign Merger Deal to Build a Leading AI/HPC Cloud GPU Platform

Sharon AI, Inc. (“Sharon AI”), a High-Performance Computing (“HPC”) business focused on Artificial Intelligence (“AI”), Cloud GPU Compute Infrastructure and Data Storage, announces that it signed a business combination agreement with Roth CH Acquisition Co. (OTC Markets: USCTF) to create a leading specialized AI/HPC infrastructure platform.

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Sharon AI, a certified NVIDIA Cloud Partner, offers GPU Compute-as-a-Service inside Tier IV co-location data centers, has industry leading competency in AI and HPC applications in addition to a deep proficiency in deploying a range of NVIDIA and AMD GPU technologies in conjunction with Sharon AI’s proprietary orchestration and automation platform,

Sharon AI is operational with GPU deployments across Tier IV data center facilities and has recently announced a 50/50 joint venture for the development of an up to 250MW Net Zero Energy Data Center in the Permian Basin, Texas with New Era Helium Inc.

Wolf Schubert, CEO of Sharon AI Inc., commented “We are excited to announce our merger agreement with Roth CH Acquisition Co. as it brings a number of long term strategic benefits to our business. Corporations increasingly recognize the potential for AI to reduce costs, boost productivity and add to revenue growth and we believe this will continue to drive strong demand for AI/HPC GPU compute resources including specialized data center capacity. We will now focus our attention on continuing to expand our offering so we can meet the growing demand from our customers as well as developing our 250MW Net Zero Energy Data Center JV in Texas.”

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John Lipman, Co-CEO and Co-Chairman of Roth CH Acquisition Co., commented “We share the market’s enthusiasm for all things AI. Sharon AI’s team has a unique skill set in building and managing data centers, and in their GPU compute as a service. The team are leaders in Australia in this vertical and now in the US with their planned data center in Texas. We look forward to reporting more about this dynamic opportunity and planned merger in the coming weeks and months.”

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