Jane Street is planning to build and finance its own data center as the trading firm expands its AI infrastructure to meet rising demand for computing power, according to Bloomberg.

The project is still in early stages, with the facility’s location and final capacity yet to be determined. Jane Street has discussed potential partnerships with companies across the technology, crypto, and finance sectors, according to the report.

The firm is seeking about 100 MW to 200 MW of additional capacity for the facility, which would be primarily used for its own operations. The data center could support internal AI model training, including systems used to improve trading and asset price forecasting.

Jane Street already relies on a mix of internal infrastructure and external cloud providers. The firm currently sources some computing power from a data center in Dallas and has a major partnership with CoreWeave.

In April, Jane Street signed a $6 billion AI cloud agreement with CoreWeave and made a $1 billion equity investment in the company. CoreWeave said the deal would support Jane Street’s work training large models on financial data and deploying machine learning across its trading business.

Jane Street has also shown the scale of its existing infrastructure. A recent public tour of its Texas AI data center showed 4,032 liquid cooled GPUs across 56 racks, highlighting how deeply high performance computing has become embedded in the firm’s operations.

The planned data center would mark a shift from buying cloud capacity to owning more of the infrastructure behind its machine learning systems. That move reflects the growing pressure on financial firms to secure reliable access to compute as AI becomes more central to trading, research, and market making.