Jane Street Plans to Build 100-200 MW Data Center
2026-06-06 10:42
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en.Wedoany.com Reported - Quantitative trading firm Jane Street is planning to build its own data center with a target capacity of 100 to 200 megawatts.

According to Bloomberg, citing sources familiar with the matter, Jane Street is in discussions with companies in the technology, cryptocurrency, and financial sectors about the possibility of developing its own data center. The facility will be used to train internal artificial intelligence (AI) models for functions such as predicting future asset prices.

Jane Street

Bloomberg reported that the discussions are still in early stages, and no final decisions have been made regarding the data center's capacity or location. Jane Street declined to comment on the matter.

In a YouTube video released in May 2026, Jane Street's co-head of technology, Ron Minsky, stated that the company cannot concentrate its required computing power in a single location because no individual data center can provide enough Thunderbolt interfaces to meet power demands, necessitating the construction of data centers across multiple sites.

Jane Street currently operates a data center in Dallas, Texas, and signed a major cloud contract with cloud service provider CoreWeave earlier this year. The company plans to increase its computing power by approximately tenfold, with tens of thousands of graphics processing units (GPUs) already in operation and plans to expand to hundreds of thousands soon.

Founded in 2000, Jane Street's data center layout, aside from the Texas facility, has not been publicly disclosed. However, the company is currently recruiting data center engineers in New York and Chicago (USA), London (UK), Hong Kong, Singapore, and Mumbai (India), with job requirements explicitly stating experience in multi-megawatt GPU deployments.

In addition to its quantitative trading business, Jane Street also makes external investments, including leading a $650 million funding round for CoreWeave in 2024. Other investments include AI chip startup MatX, small modular reactor company X-energy, and artificial intelligence company Anthropic.

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