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Contracts on the new “compute futures market” from CME Group will be based on graphics processing units (GPU) price indexes from Silicon Data, the companies said in a statement released Tuesday announcing the joint venture, which still is pending regulatory review. The new market will let investors lock in a price for computing capacity based on a GPU benchmark, which can be used to hedge against rising GPU rental rates and other operational costs in the enormous and multifaceted AI buildout.
“GPU markets ... have historically lacked standardized reference pricing,” Carmen Li, chief executive of Silicon Data, said in the release. “The launch of compute futures is an important step toward giving AI builders, cloud providers and investors more reliable tools for valuation, hedging and long-term planning.”
