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

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

2.93%TRX$0.3274 1.17%BCH$439.85 0.77%DOGE$0.09536 2.34%XLM$0.1579 2.04%ETH$2,364 1.85%BNB$623.40 1.31%SOL$84.82 1.24%HYPE$44.78 3.29%XMR$348.41 0.94%XRP$1.39 2.18%ADA$0.2481 3.12%BTC$74,798 0.75%USD Written by Vince Quill,Staff WriterReviewed by Robert Lakin,Staff EditorCoreWeave signs $6B deal with Jane Street to provide AI compute power2 hours agoJane Street said it needs GPU-based computing power to keep its trading and research operations competitive amid growing adoption of AI. CoreWeave, a publicly traded AI cloud infrastructure company, announced on Wednesday a $6 billion deal with quantitative trading firm Jane Street, in which the firm will use CoreWeave’s AI cloud computing infrastructure to power its trading and research operations. Under the agreement, CoreWeave will provide Jane Street with compute from multiple data center facilities, the company's announcement said. Jane S

Source: https://cointelegraph.com/news/coreweave-6b-deal-jane-street-ai-compute?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound