Corvex signs multi-year deal to supply Nvidia Blackwell GPU clusters to leading AI company
Reuters2026/08/04 12:04- Corvex signed a multi-year agreement to supply clusters of Nvidia Blackwell GPUs to a leading AI company.
- Deal expands an earlier customer commitment; includes dedicated high-speed storage and CPUs.
- First portion delivered in Q1 2026; remaining capacity delivered in Q2 and Q3.
- Expansion funded through debt financing, customer pre-payment, cash on hand; no new equity issuance.
- Revenue recognized through 2026 as capacity shipped; full run-rate revenue expected to begin mid-quarter.
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