코벡스는 2026년 말까지 8MW의 AI 클라우드 용량을 확보하고 확장 계획을 위해 3,300만 달러를 조달할 계획이다.

Corvex, an AI compute platform, has raised $33 million through a private placement of common stock and a Series D funding round to scale its operations from a current 1.5MW footprint to 8MW by the end of 2026. The capital will fund a doubling of capacity at its existing Mid-Atlantic data center and the establishment of a new facility in the Midwest.

The expansion will bring 2,000 latest-generation GPUs online at the Midwest site and add 1,000 additional units to the Mid-Atlantic location. While Corvex did not specify the exact hardware, its platform currently lists Nvidia B300, GB200, B200, and H200 GPUs. The company expects to begin generating revenue from these deployments starting in Q1 2027.

Beyond the initial 8MW target, Corvex holds a right of first refusal on an additional 12.5MW of capacity at the Midwest site, scheduled to be operational in Q3 2027. This option could ultimately expand the company’s total footprint to over 20MW. “The scarce input in AI infrastructure is energized power inside a finished building. We have secured more than five times as much of it, with the right to scale to more than 20 megawatts in 2027,” said Jay Crystal, co-CEO and co-founder of Corvex.

The funding round was led by Goldman Sachs & Co. LLC, with Morgan Stanley and Oppenheimer & Co. serving as joint lead placement agents. A portion of the proceeds will also finance the development of the Corvex Token Factory, currently in closed alpha. The initiative aims to provide customers with API access to open-source AI models. “As inference volumes grow, enterprises are paying much closer attention to the cost of serving AI at scale. Token Factory is built to address that cost by offering near-frontier performance on most enterprise workloads at a fraction of the price per million tokens of frontier proprietary models,” said Seth Demsey, co-CEO and co-founder of Corvex. “The differentiation will be in the infrastructure and security layer beneath the API. Integrating our Assured AI security capabilities directly into the inference platform gives customers a way to combine lower-cost inference with greater control over sensitive prompts and model weights.”

Corvex was formerly known as Movano, the company behind the Evie Ring fitness tracker. In November 2025, Movano announced plans to merge with Corvex, officially assuming the Corvex name upon completion of the merger on March 19, 2026. The company subsequently divested its healthcare business in June 2026.