Brokers Gear Up for Compute Futures Ahead of Regulatory Approval

AI Summary

Major commodity brokerages are preparing to trade derivatives linked to the cost of renting computing power, pending regulatory approval. The proposed contracts would create a new market tied to the infrastructure used to develop and run artificial intelligence.

Some top commodity brokerage firms are gearing up for what is promising to be the next front for AI trading: the buying and selling of derivatives tied to the cost of renting computing power used to develop and run artificial intelligence.