Share story
Infrastructure

CoreWeave reaches AI cloud agreement with Hudson River Trading

CoreWeave reaches AI cloud agreement with Hudson River Trading Image: Primary
CoreWeave agreed a multiyear AI cloud infrastructure deal with quantitative trading firm Hudson River Trading, according to Yahoo Finance UK. The agreement provides GPU-based compute capacity for Hudson River Trading's AI models and trading systems, extending CoreWeave into financial-market workloads. The source characterizes the deal as a new customer-diversification step as state-level energy-use and transparency rules add scrutiny to data-center expansion plans. It does not disclose contract value, capacity, start date or the specific state rules involved.
Sources
Yahoo Finance UK
In this story
CoreWeave
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Yahoo Finance UK and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
AI Products
AI Products

OpenAI discusses $30 billion raise at $1.4 trillion valuation

OpenAI is in talks to raise $30 billion at a $1.4 trillion valuation, Bloomberg reported. The proposed financing would leave investor Tiger Global poised for a $5 billion paper profit on its OpenAI investment, rather than a realiz...

Bloomberg Technology
AI Capital
AI Capital

Arena raises $200 million at $3.1 billion valuation

Arena Intelligence, the startup behind an AI model leaderboard, has raised $200 million at a $3.1 billion valuation, Bloomberg reported. Lightspeed Venture Partners and Khosla Ventures led the financing, with Salesforce Ventures a...

Bloomberg Technology
Capital Infrastructure
Capital Infrastructure

Voltus raises $225 million to expand flexible power capacity

Voltus has raised $225 million in a Series D round to expand a programme that lets large power users pay for electricity capacity gathered from homes and businesses. Generation Investment Management led the round, with Activate Ca...

The Next Web
Capital Infrastructure
Capital Infrastructure

VEIR raises $110 million for superconducting data centre power systems

VEIR has raised $110 million in a Series C round co-led by Matter Venture Partners and Tyche Partners to expand manufacturing capacity and develop new products. The Massachusetts company makes superconducting power cables for AI d...

The Next Web
AI Science
AI Science

NVIDIA commits $1 billion over five years to US scientific computing

NVIDIA announced commitments valued at $1 billion over the next five years to expand U.S. research capacity in scientific AI and quantum computing. The company made the announcement at a Washington event bringing together U.S. off...

News Releases - NVIDIA Newsroom