{"id":399872,"date":"2026-04-15T14:41:16","date_gmt":"2026-04-15T14:41:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/399872\/"},"modified":"2026-04-15T14:41:16","modified_gmt":"2026-04-15T14:41:16","slug":"jane-street-signs-6-billion-ai-cloud-deal-with-coreweave-boosts-stake","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/399872\/","title":{"rendered":"Jane Street signs $6 billion AI cloud deal with CoreWeave, boosts stake"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">April 15 (Reuters) &#8211; Trading firm Jane Street has committed about $6 billion for CoreWeave&#8217;s cloud services, marking the third major deal for \u200cthe Nvidia-backed neocloud company in a week and underscoring surging demand \u200cfor computing capacity.<\/p>\n<p class=\"yf-1fy9kyt\">Jane Street also made a $1 billion equity investment in CoreWeave at a purchase \u200bprice of $109 per share, the companies said on Wednesday. That represents a discount of 7% to CoreWeave&#8217;s last closing price.<\/p>\n<p class=\"yf-1fy9kyt\">The investment will bring Jane Street&#8217;s position in CoreWeave to about $1.44 billion, according to LSEG data, making the firm \u200cthe fifth-largest shareholder in the \u2060company.<\/p>\n<p class=\"yf-1fy9kyt\">CoreWeave last week struck a multi-year deal with Claude-creator Anthropic to supply the AI company with <a href=\"https:\/\/tech.yahoo.com\/computing\/\" data-ylk=\"slk:computing;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;computing&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">computing<\/a> capacity. It \u2060also announced an expanded $21 billion deal with Meta, expanding a $14.2 billion agreement the pair signed last year.<\/p>\n<p class=\"yf-1fy9kyt\">So-called neoclouds like CoreWeave and peer Nebius are seeing a \u200bmassive surge \u200bin demand as companies race to \u200bsecure the computing capacity required \u200cto develop and run AI models. Neoclouds provide hardware and cloud capacity as services to other firms.<\/p>\n<p class=\"yf-1fy9kyt\">CoreWeave&#8217;s close ties to <a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:Nvidia;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Nvidia&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a> have also given it an edge, making it a key supplier of advanced AI chips that tech giants are after. The company currently has a market valuation of $61.61 billion, \u200cup from the $23 billion valuation it notched \u200bin its market debut last year.<\/p>\n<p class=\"yf-1fy9kyt\">Shares of \u200bNew Jersey-based CoreWeave, which have \u200bsurged nearly 64% so far this year, rose marginally in \u200cpremarket trading.<\/p>\n<p class=\"yf-1fy9kyt\">CoreWeave has said it would \u200bspend between $30 billion \u200band $35 billion this year in capital expenditure, more than double its 2025 spending, owing to purchases of more Nvidia chips, data center buildout \u200band securing power for \u200cthe facilities.<\/p>\n<p class=\"yf-1fy9kyt\">Saddled with ballooning financing costs, CoreWeave reported long-term total \u200bdebt of more than $14 billion as of December.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by Deborah Sophia \u200bin Bengaluru; Editing by Tasim Zahid)<\/p>\n","protected":false},"excerpt":{"rendered":"April 15 (Reuters) &#8211; Trading firm Jane Street has committed about $6 billion for CoreWeave&#8217;s cloud services, marking&hellip;\n","protected":false},"author":2,"featured_media":399873,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,4582,218,219,5689,7856,61,60,18627,80],"class_list":{"0":"post-399872","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-ai-company","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-cloud-services","13":"tag-coreweave","14":"tag-ie","15":"tag-ireland","16":"tag-jane-street","17":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/399872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=399872"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/399872\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/399873"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=399872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=399872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=399872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}