Jane Street signs $13bn five-year AI cloud deal with Crusoe

Jane Street has agreed to spend roughly $13 billion over five years on AI-chip clusters and related infrastructure from Crusade, marking the data-centre firm’s largest customer to date. Combined with a prior $6 billion CoreWeave deal, the trading house’s total AI-compute commitments approach $19 billion, reshaping demand away from traditional AI labs and hyperscalers.