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Corvex Names TeraWulf CFO Patrick Fleury to Board Amid AI Push

Corvex has appointed Patrick Fleury to its board as it scales GPU cloud infrastructure and readies a Token Factory launch.

Corvex, Inc. (Nasdaq: MOVE), an Arlington, Virginia-based AI computing platform focused on GPU-accelerated infrastructure, announced Thursday the appointment of Patrick A. Fleury to its Board of Directors, pending a formal shareholder election. The move signals the company's intent to accelerate growth at a critical juncture in the AI infrastructure buildout race.

Fleury currently serves as Chief Financial Officer at TeraWulf, where he developed deep expertise in data center transactions, energy-advantaged digital infrastructure campuses, and large-scale capital formation — precisely the skill set Corvex needs as it scales its cloud platform and competes for enterprise AI workloads. His background positions him to guide the company through complex financing decisions tied to GPU capacity expansion.

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The timing of the board appointment carries additional strategic weight: Corvex is simultaneously preparing to launch what it calls a Token Factory, a product initiative that suggests the company is integrating tokenization or blockchain-related infrastructure into its AI cloud offering. The dual focus on physical computing capacity and token-based products reflects a broader trend of convergence between AI infrastructure firms and digital asset ecosystems.

For investors, Fleury's arrival offers a credibility signal. His experience structuring capital around energy-intensive computing facilities is directly applicable to the high-power demands of modern GPU clusters that underpin generative AI and large language model workloads. Whether that expertise translates into improved margins or faster facility deployment will be closely watched by the market.

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Frequently Asked Questions

Q.Who is Patrick Fleury and why is he joining Corvex's board?

Patrick A. Fleury is the Chief Financial Officer of TeraWulf and brings expertise in data center transactions, energy-advantaged digital infrastructure, and large-scale capital formation. Corvex appointed him to its Board of Directors as the company scales its AI cloud platform.

Q.What is Corvex's Token Factory?

Corvex has announced plans to launch a product it calls a Token Factory as part of its broader AI computing platform strategy, though specific details about its function were not fully disclosed in the announcement.

Q.What does Corvex do and where is it based?

Corvex, Inc., trading on Nasdaq under the ticker MOVE, is an engineering-led AI computing platform headquartered in Arlington, Virginia, specializing in GPU-accelerated infrastructure for AI workloads.

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