Gate News message, April 16 — Jane Street, a technology-driven global trading firm, has committed approximately $6 billion to CoreWeave’s AI cloud platform and invested $1 billion in equity, expanding their existing partnership to advance machine learning capabilities.
As part of the agreement, Jane Street will gain access to CoreWeave’s advanced computing infrastructure across multiple facilities, including next-generation technologies such as NVIDIA’s Vera Rubin systems. The equity investment involved the purchase of Class A common stock at $109 per share. CoreWeave’s platform provides dedicated network connectivity, customized storage solutions, and technical support services tailored to Jane Street’s research needs.
Jane Street stated it continues to prioritize investment in advanced technologies to support research in global financial markets, focusing on training complex models using large volumes of data and deploying them at scale. According to CoreWeave’s Senior Vice President of Revenue Max Hjelm, Jane Street operates at the forefront of deep learning innovation, and CoreWeave’s infrastructure is designed to support such high-performance computing requirements.
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