CME Group, the largest US derivatives exchange, is partnering with Silicon Data
to develop futures contracts tied to computing power used in AI systems. The
contracts aim to help traders, financial firms, AI developers, and cloud
providers hedge volatility and price risk in compute markets. Silicon Data’s
GPU-based benchmarks will underpin the products, which are still awaiting
regulatory approval. CME CEO Terry Duffy described compute as “the new oil of
the 21st century,” while BlackRock CEO Larry Fink said compute futures could
emerge as a new asset class amid persistent supply shortages and strong
AI-driven demand.
