At a glance
- The Kuwait-backed neocloud now has a named CEO as most of the executives hired for its 2023 AI pivot have left.
- Omniva does not appear to have had a formal CEO before Vaid's appointment, DCD reported; Kalin Stamenov served as de facto CEO with the title senior vice president and general manager of AI data centers.
- For allocators evaluating Omniva as an AI infrastructure counterparty, the appointment puts accountability with one named executive while the main asset is still being built.
Omniva appointed Kushagra Vaid as chief executive, Data Center Dynamics reported. The Kuwait-backed neocloud now has a named CEO as most of the executives hired for its 2023 AI pivot have left.
Omniva does not appear to have had a formal CEO before Vaid's appointment, DCD reported; Kalin Stamenov served as de facto CEO with the title senior vice president and general manager of AI data centers. Vaid joined the company in early 2023 as executive vice president of AI cloud after 13 years at Microsoft Azure.
For allocators evaluating Omniva as an AI infrastructure counterparty, the appointment puts accountability with one named executive while the main asset is still being built. The flagship Kuwait data center, once planned to support 1GW, was still under construction in 2026 satellite imagery, with most of the site undeveloped.
Omniva began as a Kuwaiti-backed cryptomining venture and shifted to AI workloads after ChatGPT launched in 2023, developing its own two-phase immersion cooling system. The pivot brought hires from hyperscalers and chipmakers: Sean Boyle, AWS's CFO until 2020; T.S. Khurana, Meta's vice president of infrastructure; Tyson Lamoreaux, formerly a vice president at Amazon's Project Kuiper; Matthew Taylor, previously at SambaNova and Ampere; and Somnuk Ratanaphanyarat of TSMC.
Khurana and Taylor departed in 2024, Lamoreaux in June 2025 and Boyle this June, DCD reported; technical lead Aaron Zou left this month. Most of those hires have left. Stamenov left in August and has since launched Terisys, his own data center business.
Omniva's website lists no active data centers but advertises an early access managed inference service, DCD reported. The outlet describes the company's status as unclear.
Reported by the Data centers & fiber desk from Data Center Dynamics. Published . Corrections