Corvex, an AI compute platform, has secured funding to expand its capacity to 8MW.
The company has secured $33 million from a private placement of common stock and a Series D funding round to support its expansion plans from its current 1.5MW footprint.
– Corvex
According to the company, it will double the capacity at its existing data center in the Mid-Atlantic region and will establish operations at another data center in the Midwest. This will increase its capacity to 8MW, with a target date by the end of 2026.
This will include bringing 2,000 of the "latest-generation" of GPUs online at the Midwest site, and 1,000 additional GPUs to the Mid-Atlantic site. Which specific GPUs this will comprise has not been stated, but Corvex's website lists Nvidia B300, GB200, B200, and H200 GPUs as available on its platform.
