Key facts
- Hudson River Trading is investing heavily in AI infrastructure.
- The firm is acquiring advanced hardware for AI.
- Hudson River Trading may develop its own chips.
- The firm is a prominent market maker.
Hudson River Trading, a prominent market maker, is making substantial investments in artificial intelligence. The firm is reportedly spending heavily on AI infrastructure, including the acquisition of advanced hardware. This strategic move highlights the growing adoption of AI technologies within the financial sector, particularly among high-frequency trading firms that rely on speed and computational power. The focus on infrastructure suggests a long-term commitment to leveraging AI for trading strategies and operational efficiency. The firm may also develop its own chips. The article references a related investment in Generalist AI, a robotics startup valued at $2 billion.