CoreWeave and Jane Street sign $6 billion AI computing power supply agreement

CoinFeed reported on April 16th, citing Cointelegraph, that publicly traded AI cloud infrastructure company CoreWeave has signed a $6 billion agreement with quantitative trading firm Jane Street. Jane Street will use CoreWeave's AI cloud computing infrastructure to power its trading and research operations. Under the agreement, Jane Street also purchased $1 billion worth of CoreWeave's Class A common stock at $109 per share. This comes just a week after CoreWeave reached an agreement with Anthropic, which will use CoreWeave's computing infrastructure to power its Claude AI large language model.