AI Industry Development & Policy Dynamics

Cover foundation model launches, product releases, major company developments, funding activity, regulation, compliance, and compute infrastructure trends shaping the global AI landscape.
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After Meta and Anthorpic’s $3 billion race to secure computing power, Jane Street is increasing its investment in CoreWeave by $1 billion

Quantitative trading giant Jane Street Group announced an investment of $1 billion in AI cloud service provider CoreWeave. Its planned total spending is set to reach $6 billion, and it will obtain rights to use NVIDIA Vera Rubin chips. This move is intended to accelerate the development of its AI software. CoreWeave is working to reduce reliance on a single customer and to pivot into an integrated AI infrastructure platform. This investment shows Jane Street strengthening its positioning in the AI space and improving its trading edge with efficient computing power.
ChainNewsAbmedia·04-16 09:06
After Meta and Anthorpic’s $3 billion race to secure computing power, Jane Street is increasing its investment in CoreWeave by $1 billion

OORT (Oort) surges 49.67% in 24 hours

Gate News update: On April 16, according to Gate market data, as of the time of publication, OORT (Oort) is trading at $0.01195. Over the past 24 hours, it is up 49.67%, with a high of $0.015 and a low of $0.00792. Its current market cap is about $8.8926 million. OORT is a decentralized AI infrastructure that protects data privacy and saves costs. By integrating global computing and storage resources, OORT can support trusted AI applications. OORT DataHub is a decentralized cloud platform where users can collect and preprocess data, including images, audio, or video, to improve AI and machine learning models. Users can earn OORT tokens by completing micro-tasks, verifying data, and inviting friends, among other ways.
OORT10.29%
GateNews·04-16 08:30
OORT (Oort) surges 49.67% in 24 hours