Corvex Inc

MOVE

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Corvex Token Factory combines zero data retention by default with API-based access ARLINGTON, Va., Sept. 30, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing company, today announced the launch of Corvex Token Factory, its serverless inference platform built to help developers and enterprises use open-weight AI models with greater control over their data.

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Corvex Inc. (NASDAQ:MOVE) shares are trading higher after the company announced a data center expansion at its existing Mid-Atlantic data center and the establishment of operations at a second existing enterprise-scale data center in the Midwest.

Critical IT capacity expected to increase more than five times from approximately 1.5 MW to approximately 8 MW by year-end 2026 Right of first refusal on an additional 12.5 MW expansion opportunity at the Midwest site provides potential pathway to more than 20 MW of total critical IT capacity, resulting in 13x increase to existing capacity Expansion expected to support approximately 3,000 additional latest-generation GPUs across two U.S. data centers $33 million private placement secured to fund expansion plans; expected to increase pro forma cash and cash equivalents to approximately $55 million compared to $22 million reported as of June 30, 2026 ARLINGTON, Va., Aug. 31, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in secure, GPU-accelerated infrastructure for AI workloads, today announced a more than fivefold increase in its critical IT power capacity, with the ability to scale to 13 times its current critical IT power capacity.

Cushman & Wakefield managing director joins Corvex — will source the sites and power behind the company's expanding AI Factory platform ARLINGTON, Va., Aug. 28, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced that Garrett Brams has joined the company to lead its data center sourcing and development strategy.

Corvex reported $3.8 million in second-quarter 2026 revenue, its first full reporting period including the AI cloud computing business acquired through its March merger with Corvex Legacy Holdings. Company leaders said the quarter's reported revenue reflected the amount of computing capacity that was live and generating revenue during the period, rather than the full level of signed customer commitments.

Contracted annualized recurring revenue on live compute is approximately $22 million as of August 14, 2026 ARLINGTON, Va., Aug. 14, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today reported financial results for the second quarter ended June 30, 2026.

ARLINGTON, Va., Aug. 12, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced that it will hold its second quarter 2026 earnings call on Friday, August 14, 2026 at 4:30 p.m.

Expansion Funded Without Issuing Additional Equity High-Density, Liquid-Cooled Capacity Commissioned in Approximately Two Weeks Inside an Existing Air-Cooled Facility ARLINGTON, Va., Aug. 4, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced that it has signed a multi-year agreement to provide clusters of NVIDIA Blackwell GPUs connected with NVIDIA Quantum-2 InfiniBand networking to a leading AI company.

Former Crusoe leader brings 25 years of experience across HPC architecture, GPU infrastructure, and site operations ARLINGTON, Va., July 15, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced the appointment of Michael Craig as Vice President of Architecture and Site Operations.