CME Group to Launch Futures Market for AI Computing Power
CME Group is planning to launch a new futures market for AI computing power, partnering with Silicon Data, allowing the trading of AI compute as a commodity.
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CME to Create Futures Market for Computing Power Backing AI - Bloomberg.com
CME to Create Futures Market for Computing Power Backing AI Bloomberg.com
Read full article →CME plans to launch futures market for AI computing power
New contracts will allow traders and companies to bet on and hedge future price of GPU rental
Read full article →Is AI power really the new oil? Soon it will trade like just like a commodity.
CME Group plans to launch futures that would let investors bet on the price of computing power.
By Joseph Adinolfi
Read full article →CME Launching Futures Market For AI Compute
CME Launching Futures Market For AI Compute US derivatives exchange CME Group and index provider Silicon Data have teamed up to create a futures market for computing power, a key source driving the AI boom. Bloomberg reports that the futures will help traders, financial firms, AI builders and cloud providers manage volatility and price swings. Indexes from market-intelligence firm Silicon Data will help underpin the products. The project is still pending regulatory review. “As t...
By Tyler Durden
Read full article →Coverage Timeline
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