Goldman Sachs & Co. LLC

ARLINGTON, Va. -- Aug. 31, 2026 -- Corvex, Inc. (Nasdaq: MOVE) will boost its critical IT power capacity more than fivefold, from roughly 1.5 MW to approximately 8 MW by year-end 2026, backed by a $33 million private placement led by Goldman Sachs & Co. LLC, Morgan Stanley and Oppenheimer & Co.

Expansion adds 3,000 GPUs across two data centers

The buildout doubles capacity at Corvex's existing Mid-Atlantic facility and establishes a new operation at an enterprise-scale Midwest site. Combined, the two locations are expected to bring approximately 3,000 latest-generation GPUs online -- 2,000 at the Midwest site and 1,000 at the Mid-Atlantic location. Both sites are slated for service readiness in the fourth quarter of 2026, with revenue generation targeted for the first quarter of 2027.

ARLINGTON, VA. -- September 01, 2026 -- Corvex, Inc. (Nasdaq: MOVE) said it will lift critical IT power capacity fivefold, from roughly 1.5 megawatts to approximately 8 megawatts by year-end 2026, backed by a $33 million private placement led by Goldman Sachs & Co. LLC, Morgan Stanley and Oppenheimer & Co. The Arlington, Virginia-based AI infrastructure provider is doubling its existing Mid-Atlantic data center and standing up a second facility in the Midwest, with both sites expected ready for service in the fourth quarter of 2026. A right of first refusal on 12.5 additional megawatts at the Midwest site could push total capacity past 20 megawatts, a 13-fold jump from current levels.