Overview
- Corvex, which has combined with Movano, announced a long-term lease to deploy a dedicated cluster of NVIDIA H200 GPUs for an established AI-driven battery technology company.
- The deployment is intended to support the customer's core AI development and proprietary algorithms in a dedicated environment.
- Corvex highlights hardware-enforced encryption and remote attestation on on-premise GPU clusters to meet security-conscious enterprise requirements.
- The company is providing a fully managed, hyperscaler-class Kubernetes service without hyperscaler cost or lock-in, automating scheduling to maximize GPU utilization, reduce idle capacity, and enable burst capacity.
- Movano shares jumped 114.92% after-hours to $14.98 and were up 167.10% premarket to $18.51 on Friday, with context noting a roughly $5.82 million market cap and a 12-month decline of about 85.83%.