'Compute Is The New Oil' – CME And Intercontinental To Launch Futures Exchanges To Trade AI Computing Power
CME Group and Intercontinental Exchange, Inc. (ICE) are set to launch futures exchanges for AI computing power, treating it as a new commodity similar to oil or natural gas. This move aims to bring pricing transparency and risk management tools to the rapidly growing, yet volatile, trillion-dollar compute market. The exchanges hope to provide valuation, hedging, and long-term planning tools for AI builders, cloud providers, and investors by offering futures contracts based on GPU benchmarks.
https://www.benzinga.com/news/topics/26/06/52903504/compute-is-the-new-oil-cme-and-intercontinental-to-launch-futures-exchanges-to-trade-ai-computing-power