--- title: Jane Street signs $13bn five-year AI cloud deal with Crusoe description: Jane Street, a proprietary trading firm, has committed roughly $13bn over five years to data centre company Crusoe for AI chip clusters and supporting... canonical: https://daily.dev/posts/jane-street-signs-13bn-five-year-ai-cloud-deal-with-crusoe-4ndnslxrg twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Jane Street signs $13bn five-year AI cloud deal with Crusoe | daily.dev og:description: Jane Street, a proprietary trading firm, has committed roughly $13bn over five years to data centre company Crusoe for AI chip clusters and supporting... og:url: https://daily.dev/posts/jane-street-signs-13bn-five-year-ai-cloud-deal-with-crusoe-4ndnslxrg og:image: https://api.daily.dev/og/posts/4NDNSlxRg.png og:image:alt: Jane Street signs $13bn five-year AI cloud deal with Crusoe og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Jane Street signs $13bn five-year AI cloud deal with Crusoe **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Jane Street, a proprietary trading firm, has committed roughly $13bn over five years to data centre company Crusoe for AI chip clusters and supporting infrastructure, per Bloomberg reporting. This follows Jane Street's earlier $6bn CoreWeave deal plus $1bn equity stake, bringing its total committed compute spending across both suppliers to about $19bn. The deal is notable because Jane Street trades securities rather than selling AI software, showing that quant trading firms now compete for chip capacity alongside AI labs and hyperscalers. Bloomberg also reported Crusoe was seeking a chip loan backed by its Jane Street contracts, meaning the deal served as loan collateral before becoming public. Crusoe, which built its business powering data centres with otherwise-wasted stranded and flared energy, is separately raising about $3bn at a near $30bn valuation and competes with CoreWeave and Nscale in the AI infrastructure space. Neither company has confirmed the deal's financial details publicly, and terms like chip location and delivery schedule remain undisclosed. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much has Jane Street committed to AI cloud compute across its deals with Crusoe and CoreWeave? Jane Street has committed roughly $19bn in total across two suppliers: about $13bn over five years to Crusoe, and a separate $6bn cloud contract with CoreWeave alongside a $1bn equity investment in that company. This makes a proprietary trading firm one of the largest committed AI compute buyers, despite not selling AI software or models itself. _Anyone tracking how non-AI companies are reshaping compute demand can follow deals like this on daily.dev._ ## Similar posts on daily.dev - [Jane Street signs $6 billion AI cloud deal with CoreWeave, invests $1 billion in equity](https://daily.dev/posts/jane-street-signs-6-billion-ai-cloud-deal-with-coreweave-invests-1-billion-in-equity-zacnbs2m3) · The Next Web · 0 upvotes · 0 comments - [Crusoe reportedly raises $3B at a $30B valuation](https://daily.dev/posts/crusoe-reportedly-raises-3b-at-a-30b-valuation-91clajzxn) · TechCrunch · 0 upvotes · 0 comments - [Crusoe reportedly in talks to raise $3 billion, tripling its valuation](https://daily.dev/posts/crusoe-reportedly-in-talks-to-raise-3-billion-tripling-its-valuation-udgudhztj) · The Next Web · 0 upvotes · 0 comments --- Tags: [#cloud](https://daily.dev/tags/cloud), [#gpu](https://daily.dev/tags/gpu), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/jane-street-signs-13bn-five-year-ai-cloud-deal-with-crusoe-4ndnslxrg) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Jane Street signs $13bn five-year AI cloud deal with Crusoe","url":"https://daily.dev/posts/jane-street-signs-13bn-five-year-ai-cloud-deal-with-crusoe-4ndnslxrg","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/jane-street-signs-13bn-five-year-ai-cloud-deal-with-crusoe-4ndnslxrg"},"datePublished":"2026-09-04T08:40:19.835Z","dateModified":"2026-09-04T11:46:53.159Z","description":"Jane Street, a proprietary trading firm, has committed roughly $13bn over five years to data centre company Crusoe for AI chip clusters and supporting...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/f24f56fcff3748b0b8001861889fe0bb?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/f24f56fcff3748b0b8001861889fe0bb?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/jane-street-signs-13bn-five-year-ai-cloud-deal-with-crusoe-4ndnslxrg","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"cloud,gpu,ai-infrastructure","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Jane Street signs $13bn five-year AI cloud deal with Crusoe"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/jane-street-signs-13bn-five-year-ai-cloud-deal-with-crusoe-4ndnslxrg#faq","mainEntity":[{"@type":"Question","name":"How much has Jane Street committed to AI cloud compute across its deals with Crusoe and CoreWeave?","acceptedAnswer":{"@type":"Answer","text":"Jane Street has committed roughly $19bn in total across two suppliers: about $13bn over five years to Crusoe, and a separate $6bn cloud contract with CoreWeave alongside a $1bn equity investment in that company. This makes a proprietary trading firm one of the largest committed AI compute buyers, despite not selling AI software or models itself. Anyone tracking how non-AI companies are reshaping compute demand can follow deals like this on daily.dev."}}]} ```