CoreWeave Signs Multi-Year AI Cloud Services Deal with Hudson River Trading

CoreWeave signs multi-year cloud deal with Hudson River Trading By Investing.com

LIVINGSTON, N.J. - CoreWeave, Inc. (NASDAQ:CRWV) announced a multi-year agreement with Hudson River Trading under which the quantitative trading firm will use CoreWeave's cloud infrastructure for AI-driven trading research and model development. Hudson River Trading will run AI research and model training workloads on CoreWeave's platform, which includes NVIDIA Vera Rubin NVL72 and NVIDIA HGX B200 GPU systems. The infrastructure features Spectrum-X Ethernet networking designed to minimize latency between Hudson River Trading's on-premises environment and CoreWeave's platform. "As we scale our AI and machine learning research, the AI platform we build on matters as much as the models we build," said Kevin Lee, head of Research & Development at Hudson River Trading. "We chose CoreWeave because they understand what it takes to run AI in demanding production environments." The agreement provides Hudson River Trading access to computing clusters for training complex models, along with technical support and tools for experimentation. The firm has been applying machine learning and neural network models to quantitative research and trading. Jon Jones, chief revenue officer at CoreWeave, said the partnership reflects demand from financial services organizations for cloud infrastructure capable of handling AI workloads in performance-critical environments. The information is based on a press release statement from CoreWeave. The company completed its public listing on Nasdaq in March 2025 and provides cloud infrastructure for AI applications. Hudson River Trading operates as a multi-asset class quantitative trading firm. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

CoreWeave, Hudson River Trading Sign Multiyear Deal for AI Cloud Services

CoreWeave, Inc. is an American technology company founded in 2017, specializing in cloud infrastructure designed for compute-intensive workloads. It has positioned itself as a niche player in a market dominated by generalist giants. Its offering is built on a vertical specialization in artificial intelligence (AI) and related applications, notably high-performance computing (HPC) and graphical rendering. CoreWeave operates a GPU-first architecture, optimized for training and inference of generative AI models. It also targets scientific and financial computing, as well as real-time 3D rendering needs. With its own data centers located in the United States and Europe, the company maintains full control over its infrastructure. This control enables it to deliver high performance, low latency, and flexible deployment capabilities. Some facilities are shared among clients, while others are fully dedicated to a single customer. CoreWeave serves a diverse clientele, ranging from AI startups to research labs, as well as production studios and financial institutions. In addition to its hardware infrastructure, the company develops its own GPU management software. These tools enable intelligent resource allocation, continuous performance optimization, and better cost control. This vertical integration, from hardware to software, enhances the company's competitiveness. CoreWeave stands out through its tailored approach and its ability to meet clients' specific needs. It aims to become the leading provider for AI workloads on a global scale. In a context of surging demand for computing power, its model is appealing due to its specialization and agility.