The effort to turn processing power into a liquid asset did not scale well, according to Randolf Roth, its chief executive and veteran of the exchange business. Standardising central processing units ...
The idea of “compute futures” or even a “compute dollar” has moved quickly from scifi to serious discussion, largely because artificial intelligence has turned compute into a critical economic input.
ICE, the owner of the New York Stock Exchange, is partnering with index provider Ornn to launch cash-settled futures contracts tied to GPU computing costs. The move comes days after rival CME Group ...