After Meta and Anthorpic’s $3 billion race to secure computing power, Jane Street is increasing its investment in CoreWeave by $1 billion
Quantitative trading giant Jane Street Group announced an investment of $1 billion in AI cloud service provider CoreWeave. Its planned total spending is set to reach $6 billion, and it will obtain rights to use NVIDIA Vera Rubin chips. This move is intended to accelerate the development of its AI software. CoreWeave is working to reduce reliance on a single customer and to pivot into an integrated AI infrastructure platform. This investment shows Jane Street strengthening its positioning in the AI space and improving its trading edge with efficient computing power.
ChainNewsAbmedia·7h ago