Jane Street Plans Data Center to Expand Computing Capacity

Jane Street is planning to build its own data center to address the growing scarcity of computing resources. According to Odaily, the company is in preliminary discussions with several firms across the technology, crypto, and financial sectors. The specific capacity and location of the new facility have not yet been determined. Currently, Jane Street utilizes computing power from a Dallas data center and cloud service providers like CoreWeave. The firm aims to increase its computing capacity tenfold, expanding from tens of thousands to hundreds of thousands of GPUs. The new facility will be used to train internal AI models for predicting asset prices. Jane Street's co-head of technology noted that innovation and experimentation are currently limited by available computing power, and the company is seeking additional resources to support longer-term risk position trading.