Jane Street Plans New Data Center as Compute Power Runs Scarce

Jane Street Group plans to build and finance its own data center as the trading giant scales its operations to keep up with the demand for computing power.

The market-making firm has been talking to companies in the technology, crypto and finance industries about the prospect of building a new facility on top of its other investments in AI power, according to people with knowledge of the matter who asked not to be identified discussing private information.

Talks are in early stages, and the exact capacity and location of the center have yet to be determined, the people said. Jane ...