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Jane Street, HRT Are Spending Billions to Win in AI Era

Bloomberg Markets Thursday 22 October 2026, 21:00 UTC By Katherine Doherty, Dina Bass and Justina Lee 1 min read
Key Points

EXCLUSIVE The Big Take Jane Street and Rivals Are Now Fighting for AI Power as Well as Pace High-frequency trading firms are even building their own data centers as they compete for an edge in the AI era. For years, high-frequency traders like Jane Street and Hudson River Trading have fought over every nanosecond in a battle to be fastest. But the contest between Wall Street’s market-making giants has now morphed into something that goes beyond pure speed.

EXCLUSIVE The Big Take Jane Street and Rivals Are Now Fighting for AI Power as Well as Pace High-frequency trading firms are even building their own data centers as they compete for an edge in the AI era. For years, high-frequency traders like Jane Street and Hudson River Trading have fought over every nanosecond in a battle to be fastest. But the contest between Wall Street’s market-making giants has now morphed into something that goes beyond pure speed. These days they’re also racing for compute, the raw processing power at the heart of the artificial intelligence revolution.
Jane Street (PERSON) HRT (ORG) AI Era (ORG) Hudson River Trading (LOCATION)
Originally published by Bloomberg Markets Read original →

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