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CoreWeave, Jane Street sign $6B AI cloud agreement

CoreWeave (CRWV) announced that Jane Street has committed approximately $6B 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 $1B 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.

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