Watch Desk posted an update
High-frequency trading firms including Jane Street are investing in AI and chip startups, neoclouds and data centres, Bloomberg reports.
Why it mattersThe aim, according to the headline, is to gain an edge in the AI era. It is a useful sign that the race for AI capability is drawing in firms beyond the usual technology giants, with computing infrastructure part of the contest. The question is whether owning more of the AI stack will deliver a real trading advantage, or simply make an already expensive arms race more crowded.
Discuss: Will trading firms gain a lasting advantage by investing directly in AI infrastructure, or is this mostly an expensive race to keep up?
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