AIThe Decoderabout 2 hours ago
HFT Firms Build Data Centers for AI
1 min read
High-frequency trading firms including Jane Street and Hudson River Trading are investing billions in AI infrastructure. Hudson River spends $1 billion annually on AI and signed a multiyear deal with CoreWeave. Jane Street invested $1 billion in CoreWeave and committed $6 billion to its computing services. Executives note compute spending is ten to twenty times higher than before ChatGPT launched.
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