Meet the startup helping Wall Street put a price on AI compute
TechCrunch 2 months ago 43 ● 7 sources
Silicon Data raised $30 million to create a reference price and index for GPU rental so Wall Street can hedge AI compute costs. The startup plans to launch compute futures trading on the CME on October 5, pending regulatory approval. If approved, GPU compute pricing and hedging tied to the index and futures contract become available through CME trading.