HUDSON RIVER SIGNS MULTIBILLION AI DEAL WITH CORWEAVE

The deal marks a significant expansion of CoreWeave's enterprise customer base in the financial sector. Hudson River Trading, a Chicago-based algorithmic trading firm, will utilize CoreWeave's specialized AI cloud services to develop and deploy advanced trading models. CoreWeave provides GPU-accelerated computing infrastructure designed for AI and machine learning workloads. The partnership underscores growing demand from financial institutions seeking dedicated, high-performance computing resources for AI applications. Financial terms of the multibillion-dollar agreement were not disclosed. The multiyear commitment reflects Hudson River's confidence in CoreWeave's ability to scale AI infrastructure for compute-intensive trading operations. The deal comes as major financial firms increasingly invest in AI-driven trading strategies and research capabilities. CoreWeave has positioned itself as a specialized alternative to general-purpose cloud providers for organizations requiring optimized GPU computing.