Jane Street commits $6 billion to CoreWeave AI cloud services
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Jane Street, a global technology-driven trading firm, has committed approximately $6 billion to use CoreWeave's AI cloud platform, according to a statement from the companies.
Under the agreement, CoreWeave (NASDAQ: CRWV) will provide Jane Street with access to next-generation compute across multiple facilities, including NVIDIA's Vera Rubin technology and related software and services for AI deployment and scaling.
Jane Street has also made a $1 billion equity investment in CoreWeave Class A common stock at $109.00 per share. The trading firm stated the commitment and investment reflect its focus on applying machine learning across its business operations.
"We are deeply committed to investing in cutting-edge technologies that support our research in global financial markets, training large, complex models on massive volumes of noisy data, refining them continuously, and deploying at a scale to help make markets more efficient," Jane Street said in the statement.
CoreWeave will provide dedicated connectivity, custom storage configurations, and technical support tailored to Jane Street's research operations. Max Hjelm, Senior Vice President of Revenue at CoreWeave, described Jane Street as operating "like a frontier lab, continually breaking new ground in deep learning."
Founded in 2000, Jane Street operates as a quantitative trading firm with over 3,500 employees across offices in New York, London, Hong Kong, Singapore, and Amsterdam. CoreWeave completed its public listing on Nasdaq in March 2025, according to the statement.
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