The new oil? Inside the effort to turn AI computing power into a tradeable commodity (opens original article in a new tab)

A startup is launching AI compute futures contracts with CME Group to help companies hedge AI training costs, with asset managers already filing ETF proposals, though standardization remains a challenge.

• Silicon Data partners with CME Group to create AI compute futures contracts for hedging costs
• Asset managers file ETF proposals tied to AI compute contracts
• AI compute is non-standardized, requiring benchmark normalization for futures market