From CoreWeave, April 15:
Jane Street will invest $6B in CoreWeave’s AI cloud and $1B in equity, expanding their partnership to power large-scale machine learning and trading.
LIVINGSTON, N.J. and NEW YORK — April 15, 2026 — CoreWeave, Inc. (Nasdaq: CRWV), the Essential Cloud for AI™, and Jane Street, a global technology-driven trading firm, today announced that Jane Street has committed approximately $6 billion to use CoreWeave’s AI cloud platform.
Under the new commitment which expands the existing relationship between the companies, CoreWeave will provide Jane Street with access to next-generation compute across multiple facilities, including NVIDIA’s Vera Rubin technology and the software and services required to deploy and scale its AI solutions.
Jane Street has also made an equity investment of $1 billion in CoreWeave Class A common stock at a purchase price of $109.00 per share. Taken together, the commitment and investment reflect Jane Street’s continued focus on applying machine learning across its business and scaling those efforts over time.
“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,” said Jane Street. “Access to CoreWeave’s leading AI cloud platform enables our researchers to move at the pace our competitive business demands.”
“Jane Street operates like a frontier lab, continually breaking new ground in deep learning and pushing the scale and complexity of their models,” said Max Hjelm, Senior Vice President of Revenue at CoreWeave. “CoreWeave was built for this purpose and we’re excited to expand our collaboration with Jane Street.”...
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That last paragraph is key, the lines between trading houses and AI shops is disappearing.
If interested see also January 2025's "Quantitative-Trading Firm XTX Markets To Build €1 Billion Finnish Data Hub in Machine-Learning Bet".
And for more on XTX we have 2022's Volatility Is Our Friend: "Ex-Deutsche Bank Trader Builds $6 Billion Fortune on Trading Boom" and 2026's "Quants, lawsuits and politics: Inside London’s ‘super-secretive’ trading firms"
