Nvidia Secures Multiyear Deal with Corvex for AI Infrastructure
Nvidia Corp., the leading player in artificial intelligence computing, has secured a multiyear infrastructure agreement with Corvex. This deal involves the supply of Blackwell technology by Nvidia to an unnamed AI company through Corvex.
The agreement includes clusters of Nvidia HGX B200 graphics processors connected via Nvidia Quantum-2 InfiniBand networking. These clusters are accompanied by dedicated high-speed storage and central processing units, which were installed in an existing air-cooled facility after being liquid-cooled.
Corvex expects the project to reach its full revenue run rate midway through the current quarter. The company is financing the expansion with debt, customer prepayments, and cash on hand rather than issuing additional equity.