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CME Sets Oct. 5 Target for Two AI Computing Power Futures
The planned contracts would use pricing benchmarks provided by Silicon Data and require regulatory approval before launch.
CME Group plans to bring two futures contracts tied to AI computing power to market on Oct. 5, subject to regulatory approval. The proposed contracts would give the capacity a tradable commodity format comparable to oil and electricity.
Silicon Data, a market intelligence company, would provide the contracts’ pricing benchmarks. The launch remains contingent on regulatory approval.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.