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  1. Jane Street16 min

    Dwarkesh Goes Inside Jane Street's Latest AI Data Center

    Dwarkesh, Ron Minsky, Daniel Pontecorvo, Mark Mirchandani

    Jane Street transformed a Texas data center into a high-density liquid-cooled facility housing 4,032 GPUs to execute large language model training and custom trading architectures. The retrofit replaces legacy air-cooling with an 18°C fluid distribution system that manages 140 kW per cabinet while utilizing proprietary software to dynamically redistribute power and prevent breaker trips during peak loads. Engineering safeguards now focus on mitigating new liquid-cooling risks like biological growth and leaks, enabling sub-100-nanosecond latency required for modern algorithmic trading compared to the millisecond scales of its historical "Hive" cluster.

  2. Jane Street1h 15m

    Effective Programming: Adding an Effect System to OCaml

    This presentation details a comprehensive framework for algebraic effects that separates effect specification from implementation by treating operations like concurrency and state as explicit, resumable interruptions. It contrasts this approach with traditional monads to eliminate boilerplate and demonstrates a full conversion of the OCaml standard library, introducing syntax for tracking purity, region-based locality, and effect polymorphism directly in the type system. The work culminates in a runtime model where effect handlers manage heap-allocated call stacks while future extensions aim to enforce region safety and support multi-handler compositions for complex scenarios.