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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Meta Stock Rises 1.73% as Company Plans 8,000-Job Layoff Starting May 20
Meta Platforms plans to cut about 8,000 jobs, or 10% of its workforce, starting May 20, despite rising stock prices. The company, with over $200 billion in revenue, is focusing on AI investments amid significant restructuring, aligning with industry trends of layoffs.
GateNews18m ago
Goldman Sachs Files Bitcoin Income ETF Using Options Strategy
Goldman Sachs proposed a Bitcoin-focused income ETF that avoids direct Bitcoin holdings, using linked ETFs and options strategies for income. This filing reflects increased competition in the crypto investment space among major firms.
CryptoFrontNews7h ago
SIX Taps Chainlink to Deliver Equities Data Onchain
SIX has integrated Swiss and Spanish equities data onchain via Chainlink's DataLink, enhancing access to over 75 blockchain networks. This allows the use of verified market data in various digital finance products, meeting growing institutional demands for reliable data.
CryptoFrontNews7h ago
X's Cashtags Feature Generates $1B in Trading Volume Within Days of Launch
X has launched the Cashtags feature, integrating financial trading into its social feed, generating $1 billion in trading volume shortly after its release. Currently available for iPhone users in the U.S. and Canada, it allows easy access to market data and discussions. X Money, a peer-to-peer wallet, is set for rollout amid regulatory concerns, while a new integration with Wealthsimple enables direct in-app trading.
GateNews7h ago
MicroStrategy Shifts STRC to Semi-Monthly Dividends as Daily Trading Volume Hits $1.1B
MicroStrategy plans to switch its preferred stock dividend payouts from monthly to semi-monthly, aiming to enhance investor gains and stabilize stock prices. Shareholders will vote on this by June 8. The stock has seen a trading surge and significant price fluctuations recently, influenced by Bitcoin trends and external geopolitical factors.
GateNews8h ago
Bitcoin ETFs Record $663.9M Inflows, Strongest Day Since Mid-January
Bitcoin ETFs saw $663.9 million in inflows on April 18, indicating renewed institutional confidence and a shift in market sentiment. This trend suggests sustained interest in Bitcoin as investors seek to diversify their portfolios.
GateNews8h ago
