Amazon partners with OpenAI to let users of Amazon's DSP run ads in ChatGPT in a pilot program limited to the US; ChatGPT Ads hit $1B in ARR last month38m ago D-Matrix Connects Raptor XPUs to NVIDIA AI Factories via NVLink Fusion1h ago Source: Meta AI researcher Andrew Tulloch, who came over from Thinking Machine Lab as one of the highest paid employees last year, is leaving the company (Reed Albergotti/Semafor)49m ago Mother Horrified When Instagram’s AI Scours Social Media for Invasive Information About Her Young Daughters53m ago Mach Industries, which makes unmanned military vehicles and weapons, raised $600M in an extension to its $300M Series C, doubling its valuation to $3.7B58m ago Salesforce Unveils Six-Capability Trusted AI Harness for Enterprises59m ago US closes $1.9bn loan to restart the Iowa nuclear plant powering Google1h ago OpenAI Gives US Agencies 50% Off Models, Ending $1 Per Year Deal1h ago 47,000 job listings reveal the engineering roles that AI is creating1h ago Anthropic's Alignment Science lead says there is a ">10%" chance AI could kill all humans within the next decade and is worried about recursive self-improvement (Evan Hubinger/@evanhub)1h ago Ukraine says AI is moving beyond drones and into strike missiles for the first time1h ago Meta Announces Muse AI Agent for Personal Tasks and Organization1h ago Celero raises $275m to bring coherent optics inside AI data centres1h ago Exclusive: Cfo.ai launches an agentic CFO for business founders1h ago

Amazon partners with OpenAI to let users of Amazon's DSP run ads in ChatGPT in a pilot program limited to the US; ChatGPT Ads hit $1B in ARR last month38m ago D-Matrix Connects Raptor XPUs to NVIDIA AI Factories via NVLink Fusion1h ago Source: Meta AI researcher Andrew Tulloch, who came over from Thinking Machine Lab as one of the highest paid employees last year, is leaving the company (Reed Albergotti/Semafor)49m ago Mother Horrified When Instagram’s AI Scours Social Media for Invasive Information About Her Young Daughters53m ago Mach Industries, which makes unmanned military vehicles and weapons, raised $600M in an extension to its $300M Series C, doubling its valuation to $3.7B58m ago Salesforce Unveils Six-Capability Trusted AI Harness for Enterprises59m ago US closes $1.9bn loan to restart the Iowa nuclear plant powering Google1h ago OpenAI Gives US Agencies 50% Off Models, Ending $1 Per Year Deal1h ago 47,000 job listings reveal the engineering roles that AI is creating1h ago Anthropic's Alignment Science lead says there is a ">10%" chance AI could kill all humans within the next decade and is worried about recursive self-improvement (Evan Hubinger/@evanhub)1h ago Ukraine says AI is moving beyond drones and into strike missiles for the first time1h ago Meta Announces Muse AI Agent for Personal Tasks and Organization1h ago Celero raises $275m to bring coherent optics inside AI data centres1h ago Exclusive: Cfo.ai launches an agentic CFO for business founders1h ago

Finance Chips & Compute4 min reading time

Jane Street signs $13bn five-year AI cloud deal with Crusoe

The Next WebPublished 6 days ago

Jane Street, a proprietary trading firm, has signed a $13 billion five-year AI cloud contract with Crusoe, a data center company, securing extensive AI chip clusters and infrastructure. This deal, alongside a $6 billion contract with CoreWeave, marks Jane Street as a major AI compute consumer, surpassing many model developers. Crusoe benefits from this commitment amid its $3 billion fundraising efforts, using the contract as collateral for chip loans.

More on this story

The Week’s 10 Biggest Funding Rounds: Crusoe And Fluidstack Lead Multibillion-Dollar AI Infrastructure Haul
6d· Crunchbase
Crusoe Signs Roughly $13 Billion AI Cloud Deal With Jane Street
7d· 2 sources

#ai-infrastructure #coreweave #crusoe #etched #jane-street #nscale #quantitative-trading

More in Finance

Sources: DOJ is investigating whether Nvidia tried to skirt antitrust scrutiny of its 2025 Groq deal, described by Groq as a "nonexclusive licensing agreement" (New York Times)

Covered by 3 sources12h ago

Ant International, Visa, and Mastercard plan a new standard for payments made via AI agents, citing McKinsey's projection of $3T to $5T in commerce by 2030

Covered by 2 sources3h ago

Finance6 min read

Anthropic Releases Interactive Model of AI’s Possible Economic Futures

Covered by 4 sources1d ago