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CME Group, Silicon Data launch GPU futures market
CME Group and Silicon Data launch a futures market for GPU computing capacity, allowing traders to hedge AI investments against fluctuating on-demand rental rates.
Tobias Burns / CNBC: CME Group and Silicon Data announce a futures market for computing capacity, with contracts based on daily GPU benchmarks for on-demand rental rates — A new futures market for semiconductors will let traders hedge their artificial intelligence investments with bets on the increasingly expensive price of computing power.
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