Silicon Data founder Carmen Li is joining with CME Group to launch compute derivatives, a new way for investors to bet on the rising cost of AI computing power.
The contracts, set to debut later this year, will track the price of specialized chips and cloud computing services that underpin the AI boom. Market participants have been searching for ways to hedge or profit from soaring compute costs as demand for AI training and inference drives up prices.
The partnership leverages CME's derivatives infrastructure and Silicon Data's expertise in compute market data. The new product follows growing interest from hedge funds and tech investors looking to short or hedge exposure to the AI rally through the underlying cost of computation rather than stock prices.
CME has not yet disclosed the exact launch date or contract specifications, but sources say the platform will offer both futures and options on compute indices by year-end.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing