Corvex signs multi-year deal to supply Nvidia Blackwell GPU clusters to leading AI company
NVDA•Deal details
- Corvex signed a multi-year agreement to supply clusters of Nvidia Blackwell GPUs to a leading AI company.
- The deal expands an earlier customer commitment and includes dedicated high-speed storage and CPUs.
- The first portion will be delivered in Q1 2026, with the remaining capacity delivered in Q2 and Q3.
- The expansion is being funded through debt financing, customer pre-payment and cash on hand, with no new equity issuance.
- Revenue is expected to be recognized through 2026 as capacity is shipped, and full run-rate revenue is expected to begin mid-quarter.
