Jane Street's trading revenue surged, benefiting from the AI boom.

According to informed sources, Jane Street Group's record performance this year is attributed to their bet on the artificial intelligence boom, which has brought huge profits to their trading business. The sources mentioned that the market maker informed investors that their investments in private companies and funds resulted in approximately $830 million increase in trading revenue in the third quarter. The sources also stated that Anthropic PBC, which has seen a soaring valuation this year, contributed the majority of these profits, accounting for 12% of Jane Street's $6.83 billion net trading revenue in the third quarter. This 25-year-old company is currently on track to have their best year ever, surpassing many of their Wall Street competitors.