Today represents a milestone for our company - and for the next chapter of AI cloud computing.
We’re excited to enter into a definitive agreement to merge with Movano, with Corvex becoming a public company when the transaction completes, which is expected to be in the first quarter of 2026, subject to customary closing conditions.
Since day one, Corvex has been obsessively focused on engineering excellence, our customers’ success, and disciplined capital allocation. Entering the public markets is a natural extension of this – it positions us to accelerate the development and differentiation of our Amplified AI Cloud™ platform in order to address what we believe are the three defining challenges faced by AI innovators – the need for more scale, more security, and more efficiency.
We expect the next wave of AI breakthroughs to come from builders who can train, secure and accelerate models at the scale they need when they need it, all with absolute confidence in their infrastructure’s reliability and the caliber of support available to ensure their success. That’s what our platform is designed for.
We also have exciting emerging capabilities designed to extend the flexibility of our security capabilities in order to solve important scenarios for model builders and other security-conscious customers and, separately, an emerging offering designed to improve the cost- and performance-efficiency of inference.
Ultimately, we’re building the Amplified AI Cloud™ to allow AI innovators to move faster, more securely and efficiently – and trust that it will just work.
You can read more about our product capabilities and this transaction in today's release available on our website.
None of this would be possible without the extraordinary accomplishments of the Corvex team and the trust and support of our customers – our eternal gratitude to each of you.
Excitingly, we’re only getting started. We are pleased to announce Brian Raymond as our Chief Technology Officer, bringing with him substantial experience in designing and delivering high-performance computing and AI infrastructure solutions.
As we enter this next phase, we’re looking for talented engineers and researchers who want to come build what’s next in AI infrastructure-as-a-service and AI-as-a-service. If that sounds like you, please get in touch and join us.
Today is the first step in our journey to becoming a public company. It’s the first step in building the next chapter of Corvex - in realizing our vision faster and more fully.
We’re grateful for the trust of our customers, partners, and investors who’ve believed in our mission from day one. The next chapter starts now.
Jay Crystal and Seth Demsey
Co-Founders and Co-CEOs
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