Business & Finance
Wintermute Plans $1 Billion AI Investment to Compete on Wall Street
Key Points
Wintermute Trading Ltd. intends to invest about $1 billion in high-frequency trading and artificial intelligence data center infrastructure over the next five years, as the digital assets market maker looks to diversify into traditional markets following a slump in crypto.
Wintermute Trading Ltd. intends to invest about $1 billion in high-frequency trading and artificial intelligence data center infrastructure over the next five years, as the digital assets market maker looks to diversify into traditional markets following a slump in crypto.