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Jane Street commits $6 billion to CoreWeave and takes a $1 billion equity stake
In short: Jane Street has signed a $6 billion AI cloud agreement with CoreWeave and taken a $1 billion equity stake at $109 per share, making the quantitative trading firm one of CoreWeave’s five la [...]
Nvidia rival Etched raises $800M with backing from Jane Street and a TSMC-linked fund
AI chip startup Etched has raised $800 million and revealed that its backers include trading firm Jane Street and VentureTech Alliance, a venture firm with a strategic partnership with TSMC. The compa [...]
Mistral AI launches Forge to help companies build proprietary AI models, challenging cloud giants
Mistral AI on Monday launched Forge, an enterprise model training platform that allows organizations to build, customize, and continuously improve AI models using their own proprietary data — a move [...]
Meta will fund seven new natural gas plants to power its biggest data center yet
Meta will essentially foot the power bill for the $27 billion mega data center it's building in Louisiana. On Friday, the Wall Street Journal reported that the company struck a deal to fund the e [...]
Enterprises lost Claude Fable 5 for a few weeks. New data shows two-thirds had already built their hedge
Two-thirds of enterprises have hedged their AI model strategy, and the past few weeks of controversy around Anthropic’s Claude Fable 5 model showed why that posture has gone mainstream. On June 12, [...]
