Jane Street signs $6 billion AI cloud deal with CoreWeave, boosts stake

Trading firm Jane Street has committed about $6 billion for CoreWeave’s cloud services, marking the third major deal for the Nvidia-backed cloud company in a week and underscoring surging demand for computing capacity.

Jane Street also made a $1 billion equity investment in CoreWeave at a purchase price of $109 per share, the ‌companies said ⁠on Wednesday. ⁠That represents a discount of 7% to CoreWeave’s last closing price.