TECH INTEL19:30 UTC1d ago 1 min readSource: CoinTelegraph

CoreWeave signs $6B deal with Jane Street to provide AI compute power

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CoreWeave signs $6B deal with Jane Street to provide AI compute power
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Jane Street said it needs GPU-based computing power to keep its trading and research operations competitive amid growing adoption of AI.

AI Executive Brief
  • / CoreWeave and Jane Street have signed a $6B deal for AI compute power.
  • / Jane Street aims to stay competitive in trading and research through AI.
  • / The deal highlights the growing importance of GPU-based computing in finance.

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