High-frequency trading firms spend big to secure AI compute
What happened
On 26 October 2026, The Decoder reported that Wall Street high-frequency trading firms such as Jane Street and Hudson River Trading are competing for AI compute, investing heavily in cloud contracts, startups and their own data centres. One executive estimates current compute spending is ten to twenty times higher than before ChatGPT launched. The firms are securing compute by building their own data centres and investing in chip startups, the report says.
Written by AI from the reports · updated 4 h ago
Timeline
Follow the reports to see the event from each side.
- The DecoderWall Street's fastest traders are building data centers and backing chip startups to stay ahead in AI
High-frequency traders like Jane Street and Hudson River Trading are now racing each other for AI computing power.
Heat of this event
Current heat 9·Peak in the comparable range 10（Oct 26 19:00）·Change over 24 hours in the comparable range –
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