Meet the startup helping Wall Street put a price on AI compute
The AI buildout shows no signs of slowing. And with hundreds of billions of dollars a year going into data centers and GPUs, compute has become the single biggest cost for anyone building AI products. But for all that spending, there still isn’t a straightforward way to put a price on compute — or for firms to hedge their exposure when the price changes. Silicon Data […]
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Compute has become the largest cost for companies building AI products, with hundreds of billions of dollars flowing annually into data centers and GPUs. However, there is currently no straightforward way to price compute or for firms to protect themselves against price changes. A startup has closed funding to create a reference price for GPU rental and an index that would underlie a Wall Street futures contract, with plans to launch compute futures trading pending regulatory approval.
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