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I/ONX Appoints Former IBM Executive Steven Eliuk as CEO


I/ONX Appoints Former IBM Executive Steven Eliuk as CEO
  • by: Business Wire
  • |
  • April 29, 2026

I/ONX High Performance Compute (HPC), a leading provider of heterogeneous AI systems, today announced the appointment of Steven Eliuk as Chief Executive Officer. Eliuk joins I/ONX to lead the commercial scaling of Symphony, a platform designed to eliminate the "Host Tax" and provide more mature infrastructure for inference while preserving an open ecosystem of compute. Eliuk previously served as Vice President of Data Intelligence and Single Threaded Owner (STO) at IBM, watsonx data intelligence.

Quick Intel

  • Eliuk served as CTO for AI, Data & Governance at IBM and was voting member on IBM's AI Ethics Board for over 5 years.

  • Executive Fellow for World Economic Forum (WEF), contributing to AI Governance Global Initiative.

  • PhD in Computing Science from University of Alberta, studied alongside 2025 Turing Award winner Dr. Rich Sutton.

  • Symphony SixtyFour platform consolidates up to 64 accelerators into a single node.

  • Reduces rack-scale TCO by 50% or more.

  • I/ONX headquartered in Las Vegas, Nevada.

Bridging High-Performance Engineering with Enterprise-Scale Deployment

I/ONX solves the biggest hurdles in enterprise AI: efficiency and vendor lock-in. The technology allows enterprises to break free from legacy hardware constraints while achieving up to 70% cost reductions. Eliuk's technical background includes serving as the CTO for AI, Data & Governance at IBM, and he was the lead for distributed multi-GPU algorithms at Samsung Research America—where he developed custom multi-GPU infrastructure with Cirrascale and the industry's fastest distributed model parallel DL framework. He is also a globally recognized leader in AI Ethics and Governance, having served on IBM's AI Ethics Board as a voting member for over 5 years and as an Executive Fellow for the World Economic Forum (WEF), contributing to the AI Governance Global Initiative.

Scaling Symphony for Enterprise AI

The appointment follows the launch of Symphony SixtyFour, which recently established new foundations for acceptable watts and diverse accelerator choice for AI workloads. The I/ONX flagship Symphony SixtyFour platform consolidates up to 64 accelerators into a single node, reducing rack-scale TCO by 50% or more. By dramatically lowering power consumption and maximizing hardware utilization, I/ONX enables enterprises to achieve production-scale AI with unprecedented efficiency and faster ROI.

As Steven Eliuk, CEO of I/ONX, stated: "I/ONX solves the biggest hurdles in enterprise AI: efficiency and vendor lock-in. Our technology allows enterprises to break free from legacy hardware constraints while achieving up to 70% cost reductions, enduring enterprise AI ROI. I am excited to lead a team that is redefining the economic reality of AI infrastructure."

Justyn Hornor, Founder and CTO of I/ONX, added: "Steven is the ideal leader to bridge high-performance engineering with enterprise-scale deployment. His expertise in both distributed systems, Enterprise AI, and global governance will accelerate our mission to deliver an open, efficient AI future."

About I/ONX

I/ONX High Performance Compute (HPC) is the pioneer of heterogeneous AI infrastructure. Headquartered in Las Vegas, Nevada, I/ONX is redefining the AI lifecycle by eliminating the "Host Tax" of legacy architectures. The I/ONX flagship Symphony SixtyFour platform consolidates up to 64 accelerators into a single node, reducing rack-scale TCO by 50% or more. By dramatically lowering power consumption and maximizing hardware utilization, I/ONX enables enterprises to achieve production-scale AI with unprecedented efficiency and faster ROI.

  • AI InfrastructureHeterogeneous ComputingAI Optimization
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