Quantitative trading firm Jane Street is planning to build its own data center.

As reported by Bloomberg and citing people familiar with the matter, Jane Street is in discussions with companies across the technology, cryptocurrency, and financial sectors to explore the possibility of developing its own data center.

– Jane Street

It is seeking 100-200MW in capacity for the data center. The quant firm would use the facility for training internal AI models for functions such as future asset prices.

Bloomberg reports that the conversations remain in the early stages, and no final decisions on capacity or location have yet been made.