Highrise AI, a subsidiary of Hut 8 Corp., has named Mark Mendelman as its new Chief Technology Officer, leveraging his extensive experience in AI and defense technology to advance its AI infrastructure platform. Announced on July 31, 2025, this strategic hire aligns with Highrise’s mission to deliver resilient, secure cloud infrastructure for mission-critical AI workloads.
Mark Mendelman: 20-year IDF veteran, former Head of AI and R&D for Sigma unit in C4I Directorate.
Role at Highrise: Leading development of a cloud platform combining bare-metal performance with full-stack AI orchestration.
Key Achievements: Architected Dror, a secure cloud platform for battlefield intelligence, and led AI advancements in multimodal models and edge inference.
Awards: IDF Chief of General Staff Innovation Award, Israel National Defense Prize.
Mamram Graduate: Part of IDF’s elite computer corps, linked to 25% of Israeli unicorn exits in 2024.
Hut 8 Context: Valued at $2.3 billion, with $132.5M in revenue over the last 12 months.
Mendelman joins Highrise after a distinguished 20-year career with the Israel Defense Forces (IDF), where he served as Head of AI and R&D for the Sigma unit within the elite C4I Directorate. He led teams of data scientists and MLOps engineers, driving innovations in multimodal foundation models, real-time sensor fusion, and low-power edge inference. His work on the Dror platform, a secure cloud system delivering natural-language battlefield intelligence, exemplifies his ability to build robust AI solutions for high-stakes environments.
“In high-stakes environments, systems must be designed with the expectation that failure is not an anomaly but a constant variable,” Mendelman stated. His mandate at Highrise is to develop a cloud platform prioritizing security, fault tolerance, and operational integrity for performance-critical domains. This aligns with Highrise’s goal to serve developers and enterprises requiring predictable, secure AI infrastructure.
A graduate of Mamram, the IDF’s prestigious computer corps, Mendelman is part of an elite network responsible for 25% of Israeli unicorn exits in 2024, totaling $1.9 billion. His deep ties to Israel’s AI and cybersecurity ecosystem position him to shape Highrise’s global innovation and partnerships. His accolades, including the Israel National Defense Prize, underscore his expertise in delivering resilient systems.
“Mark brings a proven track record of architecting large-scale, AI-driven platforms engineered for resilience, precision, and continuity,” said Vince Fong, Highrise AI’s Co-Founder and CEO. As Hut 8, valued at $2.3 billion, anticipates sales growth, Mendelman’s appointment strengthens Highrise’s role in providing cutting-edge AI infrastructure for enterprises.
Mendelman’s leadership is set to position Highrise AI as a leader in secure, high-performance AI cloud solutions, addressing the growing demand for reliable platforms in sensitive industries. His experience in mission-critical AI systems ensures Highrise can deliver infrastructure that meets the highest standards of security and performance.
Highrise AI is a cloud infrastructure platform purpose-built for artificial intelligence. Designed for developers and enterprises operating in performance-critical and security-sensitive domains, Highrise delivers bare-metal performance with full-stack orchestration to support the training and deployment of production-scale AI models. Highrise is a wholly owned subsidiary of Hut 8 Corp., an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing.
About Hut 8
Hut 8 Corp. ("Hut 8") is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta.