Hudson River Trading Signs Multibillion-Dollar CoreWeave AI Cloud Deal
Updated
Updated · Bloomberg · Aug 20
Hudson River Trading Signs Multibillion-Dollar CoreWeave AI Cloud Deal
3 articles · Updated · Bloomberg · Aug 20
Summary
A multibillion-dollar, multiyear agreement will have Hudson River Trading use CoreWeave’s AI computing services to develop new trading research and models.
The deal expands an existing partnership between the two companies, with CoreWeave Chief Revenue Officer Jon Jones calling it a “material expansion” while withholding exact financial terms.
The agreement underscores continued demand for specialized AI cloud capacity from large enterprise customers building compute-intensive models and research systems.