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Corvex Among the First Companies to Achieve Verified Production Deployment of Confidential Computing for AI on NVIDIA HGX(TM) B200 Systems

MWN-AI** Summary

Corvex, Inc., an AI cloud computing firm focused on GPU-accelerated infrastructure, has announced a significant milestone by achieving verified production deployment of confidential computing on NVIDIA HGX™ B200 systems. This deployment utilizes advanced technology to ensure the security of AI workloads, particularly when handling sensitive data.

The integration of NVIDIA NVSwitch and NVLink enables encrypted GPU-to-GPU communication, bolstered by Intel's Trust Domain Extensions and NVIDIA’s confidential computing. These technologies provide end-to-end security that includes remote attestation for both CPUs and GPUs. This means customers can have confident assurances about the integrity and protection of their workloads, particularly critical in industries where data sensitivity is paramount.

Corvex's breakthrough comes at a time when AI applications are moving from experimental to essential operational roles, necessitating robust security measures during runtime when data is decrypted in memory. By combining hardware-enforced isolation and cryptographic attestation, Corvex is not only enhancing data security but also ensuring the performance of these systems is near-native, thereby eliminating the traditional trade-off between speed and security.

As articulated by Seth Demsey, co-CEO of Corvex, the verified deployment of confidential computing facilitates secure use of enterprise and regulated AI workloads, emphasizing the necessity of measurability in security at runtime. This capability allows businesses to operate in multi-tenant environments where regulatory compliance and operational trust are crucial.

Corvex’s advancement with the NVIDIA HGX B200 systems positions the company as a leader in AI deployment technologies while offering a promising landscape for clients needing secure, scalable, and efficient AI solutions. As Corvex continues to enhance its infrastructure, it sets the stage for further growth and investment opportunities within the AI and cloud computing sectors.

MWN-AI** Analysis

Corvex's recent announcement regarding its verified production deployment of confidential computing on NVIDIA HGX™ B200 systems marks a significant milestone in the AI and cloud computing sectors. With growing concerns around data privacy and security, especially in the enterprise and regulated environments, this development positions Corvex as a leader in providing secure, scalable solutions for AI workloads.

The integration of NVIDIA's advanced infrastructure, including encrypted data communication and remote attestation capabilities, is critical for industries handling sensitive information. As Seth Demsey, co-CEO at Corvex, highlighted, the combination of high performance with robust security measures helps eliminate the historical trade-off between speed and safety. This is crucial for organizations looking to deploy AI confidently without compromising on compliance or operational integrity.

Investors should view Corvex's advancement as a promising sign of its potential growth trajectory. The increasing demand for secure AI deployments, particularly in sectors like finance, healthcare, and government, creates significant market opportunities. Corvex's ability to ensure 'data in use' security can attract a diverse customer base seeking to protect proprietary models and sensitive data.

However, potential investors should also consider the inherent risks. The AI landscape is rapidly evolving, and competition is fierce, with numerous players innovating within the space. Additionally, the success of the planned merger with Movano Inc. introduces further complexities that may affect operational integration and strategic alignment.

In conclusion, Corvex represents a compelling opportunity for growth, especially for those invested in the future of AI and cloud computing. Monitoring the execution of its growth strategies and industry developments will be essential. Given the robust demand for secure AI infrastructure, Corvex's innovative capabilities warrant a closer watch as it continues to navigate the competitive landscape.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: PR Newswire

PR Newswire

Encrypted NVIDIA NVSwitch and NVIDIA NVLink fabric protect data in use at runtime, with CPU and GPU remote attestation

Near native performance enables secure AI without compromising production scale

ARLINGTON, Va., March 3, 2026 /PRNewswire/ -- Corvex, Inc., an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads, today announced it has completed and verified the production deployment of confidential computing on NVIDIA HGX B200 systems.

The deployment validates encrypted GPU-to-GPU communication across NVIDIA NVSwitch and NVIDIA NVLink fabrics utilizing Intel Trust Domain Extensions and NVIDIA Confidential Computing to provide end-to-end AI security inclusive of CPU and GPU remote attestation using Intel® Trust Authority (ITA). Together, these capabilities establish confidential computing as an operational, production-ready infrastructure primitive for AI workloads on the NVIDIA HGX B200 system.

As AI systems move from experimentation to mission-critical production infrastructure, customers increasingly require runtime assurances for workloads where sensitive data and models must be decrypted in memory to execute. Confidential computing addresses "data in use" risk by combining hardware enforced isolation with cryptographic attestation that provides verifiable evidence of platform integrity while workloads are running.

Remote attestation delivers cryptographic proof that the underlying hardware, firmware, drivers, and system configuration remain in a known and uncompromised state at runtime. This verification is foundational for highly regulated industries and protecting valuable IP in AI workloads like model weights, enabling continuous compliance, defensible auditability, and deployment models where trust must be proven rather than assumed.

"In production AI, security is only trustworthy if it can be independently verified," said Seth Demsey, co-CEO at Corvex. "Confidential computing makes trust at runtime measurable, using hardware-enforced isolation and cryptographic attestation across CPUs, GPUs, and interconnects, so customers can prove that sensitive models and data are protected while in use. With the NVIDIA HGX B200 system, that verification comes with near-native performance, removing the historical trade-off between security and speed."

With confidential computing verified in production, Corvex enables secure deployment of enterprise, regulated, and sovereign AI workloads by protecting proprietary models and sensitive data while they are actively in use. This capability supports secure multi-tenant AI and environments where verifiable security, compliance, and operational trust are required at runtime.

About Corvex

Corvex is an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads. Corvex's platform allows organizations to leverage the advantage of AI by providing secure, scalable, and cost-efficient computational resources. Corvex's infrastructure leverages advanced GPU-accelerated compute clusters, high-throughput storage systems and layered architecture to provide enhanced security, consistent performance, and efficiency at scale. As previously announced on November 10, 2025, Corvex announced a definitive agreement (the "Merger Agreement") with Movano Inc. (Nasdaq: MOVE) ("Movano") to combine the companies in an all-stock transaction (the "Merger").

Cautionary Statements Regarding Forward-Looking Statements

This press release contains forward-looking statements. All statements contained in this press release other than statements of historical facts, including statements regarding our future results of operations and financial position, projected growth, product capabilities and customer deployment, business strategy and plans and our objectives for future operations, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "would," and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. These forward-looking statements are subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially from those contained in any forward-looking statements we may make. Nothing in this press release should be regarded as a representation by any person that these results will be achieved, and we undertake no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

No Offer or Solicitation

This press release and the information contained herein is not intended to and does not constitute a solicitation of a proxy, consent or approval with respect to any securities or in respect of the proposed transactions, including the Merger, between Movano and Corvex (the "Proposed Transactions") or an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities pursuant to the Proposed Transactions or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, and otherwise in accordance with applicable law, or an exemption therefrom. Subject to certain exceptions to be approved by the relevant regulators or certain facts to be ascertained, the public offer will not be made directly or indirectly, in or into any jurisdiction where to do so would constitute a violation of the laws of such jurisdiction, or by use of the mails or by any means or instrumentality (including without limitation, facsimile transmission, telephone and the internet) of interstate or foreign commerce, or any facility of a national securities exchange, of any such jurisdiction.

Additional Information and Where to Find It

This press release relates to the Proposed Transactions involving Movano and Corvex and may be deemed to be solicitation material in respect of the Proposed Transactions. In connection with the Proposed Transactions, Movano and Corvex have filed relevant materials with the SEC, including a registration statement on Form S-4 (File No. 333-292321) (the "Form S-4") that contains a proxy statement (the "Proxy Statement") and prospectus. This press release is not a substitute for the Form S-4, the Proxy Statement or for any other document that Movano has filed or may file with the SEC and/or send to Movano's stockholders in connection with the Proposed Transactions. MOVANO URGES, BEFORE MAKING ANY VOTING DECISION, INVESTORS AND STOCKHOLDERS TO READ THE FORM S-4, THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT MOVANO, CORVEX, THE PROPOSED TRANSACTIONS AND RELATED MATTERS.

Investors and stockholders will be able to obtain free copies of the Form S-4, the Proxy Statement and other documents filed by Movano with the SEC (when they become available) through the website maintained by the SEC at www.sec.gov. Movano's Internet website address is www.movanohealth.com. Movano's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, including exhibits, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act are available free of charge through the investor relations page of its Internet website as soon as reasonably practicable after it electronically files such material with, or furnish it to, the SEC. Movano's Internet website and the information contained therein or connected thereto are not intended to be incorporated into this report.

Participants in the Solicitation

Movano, Corvex, and their respective directors and certain of their executive officers and other members of management may be deemed to be participants in the solicitation of proxies from Movano's stockholders in connection with the Proposed Transactions under the rules of the SEC. Information about Movano's directors and executive officers, including a description of their interests in Movano, is included in Movano's most recent Annual Report on Form 10-K for the year ended December 31, 2024. Additional information regarding the persons who may be deemed participants in the proxy solicitations, including the directors and executive officers of Corvex, and a description of their direct and indirect interests, by security holdings or otherwise, are also included in the Form S-4, the Proxy Statement and other relevant materials to be filed with the SEC when they become available. These documents can be obtained free of charge from the sources indicated above.

SOURCE Movano

FAQ**

How does the merger with Movano Inc. (Nasdaq: MOVE) impact Corvex's strategy in leveraging confidential computing for AI workloads on NVIDIA HGX B200 systems?

The merger with Movano Inc. enhances Corvex's strategy by integrating advanced health-focused AI solutions into its confidential computing framework, optimizing performance on NVIDIA HGX B200 systems while leveraging synergies for innovative healthcare applications.

Can Corvex provide examples of how enterprise customers using the NVIDIA HGX B200 will benefit from the secure multi-tenant AI environments in relation to Movano Inc. (Nasdaq: MOVE)?

Corvex can highlight that enterprise customers using the NVIDIA HGX B200 will benefit from secure multi-tenant AI environments by improving data privacy, enhancing collaboration across teams, and enabling scalable AI model deployment directly relevant to Movano Inc.'s healthcare innovations.

What are the potential risks and regulatory considerations Corvex anticipates as it rolls out confidential computing with Movano Inc. (Nasdaq: MOVE) on its platforms?

Corvex anticipates risks including data security breaches, compliance with evolving privacy regulations, potential operational disruptions during integration, and scrutiny from regulatory bodies regarding the use of confidential computing technologies in sensitive environments.

How does Corvex plan to market its verified confidential computing capabilities to potential clients, especially those in highly regulated sectors, alongside Movano Inc. (Nasdaq: MOVE)?

Corvex plans to leverage strategic partnerships with Movano Inc. to showcase its verified confidential computing capabilities through targeted outreach, industry webinars, and case studies that emphasize compliance and security benefits for clients in regulated sectors.

**MWN-AI FAQ is based on asking OpenAI questions about Movano Inc. (NASDAQ: MOVE).

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