HFT firms like Jane Street invest in AI and chip startups, build data centers

High-frequency trading firms including Jane Street are investing in AI and chip startups and neoclouds, and building their own data centers to gain an edge in the AI era, Bloomberg reports.

• Jane Street and other HFT firms invest in AI and chip startups
• They also back neoclouds and build their own data centers
• The goal is a competitive edge in the AI era