CoreWeave (CRWV) has just landed another major customer for its artificial intelligence infrastructure. The AI cloud provider announced a multiyear, multibillion-dollar agreement with Hudson River Trading, one of the world's leading quantitative trading firms, to build a next-generation AI research platform on CoreWeave's cloud.
The deal is important because HRT is an unusually demanding customer. Its trading models rely on massive computing power, speed, and low-latency infrastructure. HRT will use CoreWeave's platform, including NVIDIA (NVDA) Vera Rubin NVL72 systems and Spectrum-X networking, for AI-driven trading research and model development.