After Meta and Anthorpic’s $3 billion race to secure computing power, Jane Street is increasing its investment in CoreWeave by $1 billion

Quant trading giant Jane Street Group announced it is increasing its investment in AI cloud service provider CoreWeave by $1 billion and plans to further procure its technology services, with total spending projected to reach as much as $6 billion. According to the announcement, Jane Street will purchase CoreWeave Class A common stock for $109 per share, gaining usage rights to NVIDIA Vera Rubin chips deployed across multiple CoreWeave data centers, and, through its products and tools, accelerate the development and deployment of its own AI software.

Quant giant Jane Street invests $1 billion in CoreWeave

Jane Street will buy CoreWeave Class A common stock at $109 per share to expand its stake. More importantly, this collaboration will enable Jane Street to directly obtain next-generation Vera Rubin chip resources from NVIDIA that are deployed across multiple CoreWeave data centers, and pair them with related software and tools to accelerate the development and deployment of its in-house AI models and trading systems.

This deal is also the third major collaboration CoreWeave has announced within the month. Previously, the company said it has secured up to $21 billion in long-term commitments from Meta Platforms, and that Anthropic will also invest tens of billions of dollars to use its data center computing capacity. As demand for AI training and inference continues to surge, CoreWeave is rapidly becoming one of the core suppliers in the “neocloud” camp, focusing on providing high-performance AI computing resources for large technology companies and AI-native enterprises.

It is also worth noting that CoreWeave is trying to reduce reliance on any single customer. In the past, its revenue was highly concentrated in Microsoft, with last year’s share reaching about 70%. Now the company is shifting toward strengthening its own software and tools product lines, upgrading from simply providing GPU compute power leasing to an integrated AI infrastructure platform.

From Anthorpic to CoreWeave, Jane Street invests vertically in AI

For Jane Street, this is not merely a financial investment—it directly affects its trading edge. Quant trading firms such as Jane Street and Hudson River Trading rely heavily on computing power and low-latency systems to run algorithmic trading, processing massive amounts of market data and making decisions within microseconds. As AI technology further penetrates trading strategies, the need for computing resources is growing exponentially, and the construction and maintenance costs of the related infrastructure can easily reach tens of billions of dollars.

Jane Street’s operational performance in recent years has also provided the backing for its large-scale spending. According to reports, the company’s revenue for the first nine months of 2025 has already surpassed $24 billion, far exceeding the record $20.5 billion it posted for all of 2024, making it one of the most profitable trading organizations on Wall Street.

In addition, Jane Street continues to expand its investment footprint in the AI sector. It previously participated in multiple rounds of financing for Anthropic, and more recently it was reported that it is in talks to co-lead an investment in a cloud computing startup called Fluidstack. The target is to raise about $1 billion, at a valuation of $18 billion.

This article, “After Meta and Anthorpic compete for computing power with $3 billion, Jane Street ramps up investment in CoreWeave with $1 billion,” first appeared on Lianxin ABMedia.