PANews reported on April 16th that, according to Cointelegraph, publicly traded AI cloud infrastructure company CoreWeave has signed a $6 billion agreement with quantitative trading firm Jane Street. Jane Street will use CoreWeave's AI cloud computing infrastructure to provide computing power for its trading and research operations. Under the agreement, Jane Street also purchased $1 billion worth of CoreWeave's Class A common stock at $109 per share.

Just a week prior, CoreWeave had reached an agreement with Anthropic, under which the latter would use CoreWeave's computing infrastructure to power its Claude AI large language model. Founded in 2017, CoreWeave initially started as a cryptocurrency mining company called Atlantic Crypto. In 2019, it began transitioning to AI cloud computing infrastructure and is now a "Neocloud" service provider.