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 the...
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