CoreWeave Announces $6B Deal With Trading Firm Jane Street
Cointelegraph
CoreWeave secured a $6B deal with Jane Street for AI compute power and a $1B stock purchase.Summary
AI cloud infrastructure company CoreWeave has announced a significant $6 billion deal with quantitative trading firm Jane Street. Under this agreement, Jane Street will utilize CoreWeave's AI cloud computing infrastructure to support its trading and research operations, receiving compute power from multiple data center facilities. Additionally, Jane Street has invested $1 billion in CoreWeave Class A Common stock. This deal follows CoreWeave's recent agreement with Anthropic and highlights the company's successful pivot from crypto mining to AI infrastructure, establishing it as a leader in the "neocloud" sector, which is characterized by GPU-centric computing for AI workloads.
(Source：Cointelegraph)