Nvidia · Nvidia B200 · Datacenter Dynamics
Hudson River Trading taps CoreWeave for research service
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Quantitative trading firm Hudson River Trading (HRT) has signed on to use CoreWeave's AI cloud for its research platform.
Key facts
- Quantitative trading firm Hudson River Trading (HRT) has signed on to use CoreWeave's AI cloud for its research platform
- HRT will use Nvidia Vera Rubin NVL72 compute via CoreWeave's cloud for AI-powered trading research and model development, under a multi-year agreement
- 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 R&D at HRT
- Financial services is one of the most demanding proving grounds for AI,” added Jon Jones, chief revenue officer at CoreWeave
Summary
HRT will use Nvidia Vera Rubin NVL72 compute via CoreWeave's cloud for AI-powered trading research and model development, under a multi-year agreement. The contract has been described as a multi-billion-dollar agreement, but the exact value of the agreement has not been stated. “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 R&D at HRT. “Financial services is one of the most demanding proving grounds for AI,” added Jon Jones, chief revenue officer at CoreWeave.