Jane Street Commits $6 Billion to CoreWeave and Takes a $1 Billion Equity Stake

Sports News » Jane Street Commits $6 Billion to CoreWeave and Takes a $1 Billion Equity Stake
Preview Jane Street Commits $6 Billion to CoreWeave and Takes a $1 Billion Equity Stake

Quantitative trading firm Jane Street has finalized a substantial $6 billion agreement for AI cloud services with CoreWeave. In addition to this significant commitment, Jane Street has also acquired a $1 billion equity stake in CoreWeave at a price of $109 per share. This strategic move establishes Jane Street as one of CoreWeave’s five largest shareholders.

This collaboration grants Jane Street access to NVIDIA’s cutting-edge Vera Rubin compute resources. The agreement further bolsters CoreWeave’s expanding portfolio of major contracts and strengthens its position in the AI infrastructure market.