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[High-frequency traders such as Jane Street are no longer limited to competing for speed, but also "gamble" on computing power to prevent elimination] October 23rd, over the years, high-frequency traders such as Jane Street and Hudson River Trading have launched a nanosecond-level speed competition. But now, the competition among Wall Street's market-making giants has gone beyond a simple battle for speed. Now they also compete for computing power, the basic processing power at the heart of the AI revolution. For high-frequency traders, if investing in this area can bring stronger computing power and faster chips, then it is not negotiable. These companies mainly profit from tiny price differences by moving in and out quickly and matching buyers and sellers. As they increasingly use machine learning to more accurately predict market behavior, company performance is directly tied to computing power.
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