Corvex (NASDAQ:MOVE) is an artificial intelligence cloud computing company specializing in GPU-accelerated infrastructure for AI workloads. The company provides secure, scalable and cost-efficient computing resources designed to support AI training, inference and other high-performance computing applications. Its infrastructure combines GPU-accelerated compute clusters, high-throughput storage systems and a layered architecture intended to deliver consistent performance, efficiency and security at scale.
Corvex's offerings include AI Factories and GPU Clusters, which integrate high-performance AI accelerators, networking, power, cooling and systems software to support large-scale AI workloads. The company also develops confidential computing capabilities designed to protect sensitive AI models and proprietary data, including its Corvex Secure Model Weights technology. Corvex is also developing Token Factory, an inference offering intended to provide access to open-source AI models through API integration and automatically scaling infrastructure.
The company was formerly known as Movano Inc., a health technology company focused on wearable devices and related monitoring technologies. On March 19, 2026, Movano completed an all-stock merger with the private Corvex business, which became a wholly owned subsidiary. Following the transaction, Movano changed its name to Corvex, Inc. effective March 23, 2026, while continuing to trade on the Nasdaq Stock Market under the ticker symbol MOVE. The transaction shifted the company's primary business from healthcare technology to AI cloud computing.
Corvex subsequently wound down its legacy Movano healthcare operations. On June 30, 2026, the company transferred the assets of its legacy healthcare business, including intellectual property, inventory and equipment related to its wearable technology operations, to Evie Holdings, LLC in satisfaction of outstanding debt obligations. Corvex is now focused on expanding its AI infrastructure capacity, onboarding customers and developing additional computing and inference services as it scales its AI cloud platform.
