Wall Street's fastest traders are building data centers and backing chip startups to stay ahead in AI

According to an analysis by the financial management platform Ramp, companies have significantly increased their spending on AI applications. Ramp analyzed spending data from tens of thousands of companies and billions of transactions. High-frequency traders like Jane Street and Hudson River Trading are now racing each other for AI computing power. The article Wall Street's fastest traders are building data centers and backing chip startups to stay ahead in AI appeared first on The Decoder .