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AI News from ET - Jane Street signs $6 billion AI cloud deal with CoreWeave, boosts stake

Vishwadeep Khatri
in AI News & Two Lenses

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Trading firm Jane Street has committed approximately $6 billion for CoreWeave's cloud services. This follows a $1 billion equity investment in CoreWeave, making Jane Street a significant shareholder. These deals highlight the immense demand for computing power driven by the rise of artificial intelligence. CoreWeave has also recently secured major agreements with Anthropic and Meta.

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