Jane Street, a leading high-frequency trading firm, is planning to build its own data center to address the growing scarcity of compute power, according to Bloomberg. The firm is in preliminary talks with several companies across the tech, crypto, and finance sectors, though the specific capacity and location of the new facility remain undecided. Currently, Jane Street relies on the Dallas data center and cloud services from providers like CoreWeave for its computing needs. The company aims to increase its compute capacity tenfold, from tens of thousands to potentially hundreds of thousands of GPUs. This expansion will support the training of internal AI models for asset price prediction. Jane Street's co-head of technology noted that innovation and experimentation are currently limited by available compute power. The firm is seeking additional resources to support longer-term risk position trading.