CoreWeave announced a significant expansion of its partnership with Jane Street, a global trading firm. The deal includes a major commercial commitment from Jane Street to use CoreWeave's AI cloud platform and a substantial equity investment in the company, totaling approximately $7 billion.
Key Details
- AI Cloud Agreement: Jane Street has committed approximately $6 billion to utilize CoreWeave's AI cloud services, gaining access to next-generation compute, including NVIDIA's Vera Rubin technology.
- Equity Investment: Jane Street invested $1.0 billion in CoreWeave through a private placement, purchasing 9,174,311 shares of Class A common stock at a price of $109.00 per share.
- Effective Date: The Securities Purchase Agreement and the expanded partnership were effective as of April 15, 2026.