CoreWeave Inks $6 Billion AI Cloud Computing Deal with Jane Street

Gate News message, April 16 — CoreWeave, a publicly listed AI cloud infrastructure company, announced a $6 billion agreement with Jane Street, a quantitative trading firm, to provide AI cloud computing services across multiple data centers supporting the latter's trading and research operations.

As part of the agreement, Jane Street also invested $1 billion in CoreWeave Class A common stock at $109 per share, strengthening the strategic partnership.

CoreWeave transitioned from cryptocurrency mining operations to AI cloud infrastructure in 2019 and has since established a leading position in the emerging cloud computing sector.