CoreWeave is framing its new deal with Hudson River Trading as part of a broader strategy to serve financial services with production-scale AI workloads, backed by industry-leading MLPerf performance.

The partnership expands CoreWeave’s financial client roster to include Flow Traders and IMC, joining Hudson River Trading in leveraging GPUs and high-performance cloud compute.

This agreement signals growing demand from quantitative trading firms for NVIDIA-powered AI cloud infrastructure and scalable, low-latency access to advanced hardware.

CoreWeave reported about 3.7 gigawatts of contracted power capacity at the end of Q2, with expectations of potential growth beyond 4.2 gigawatts in the next quarter, though exceeding 4.4 gigawatts remains uncertain.

Competition remains intense as hyperscalers like Microsoft Azure and peers such as Nebius Group invest heavily in AI infrastructure, sustaining rivalry in the AI cloud market.

Hudson River Trading will use Nvidia B200 chips at roughly $6.87 per hour, with robust rental pricing potentially supporting CoreWeave’s pricing power amid high demand for AI hardware.

NBIS is expanding AI compute capacity in the UK, planning a £1.7 billion investment with three new deployments and a 65 MW capacity by 2027, while deepening ties with NVIDIA and pursuing Eigen AI.

HRT positions itself as a leading quantitative-trading firm focused on cutting-edge ML, large-scale neural networks, and high-performance computing for both R&D and trading.

The CoreWeave-HRT collaboration leverages Vera Rubin technology and Spectrum-X networking to enable scalable AI model training and rapid experimentation for research and trading.

Investors reacted modestly to the news, with CoreWeave shares dipping in pre-market trading while analysts maintained a favorable view with an upside target around 53% from current levels.

CoreWeave notes it was first to validate Nvidia’s Vera Rubin platform, raised prices about 25% in July, and expects newer contracts to deliver higher contribution margins than earlier deals.

CoreWeave, founded in 2017 and listed on Nasdaq in March 2025, emphasizes its financial-market positioning and growth trajectory as it expands with major enterprise clients.