Meet the startup helping Wall Street put a price on AI compute

The AI buildout shows nary signs of slowing. And with hundreds of billions of dollars a twelvemonth going into information centers and GPUs, compute has become the azygous biggest outgo for anyone gathering AI products. But for each that spending, determination still isn’t a straightforward mode to enactment a terms on compute — or for firms to hedge their vulnerability erstwhile the price changes. 

Silicon Data conscionable closed a $30 cardinal Series A to alteration that. The startup aims to go the notation terms for GPU rental and an index that a Wall Street futures declaration would settee against. The company plans to launch its compute futures trading on the CME October 5th, pending regulatory approval. 
 
On this occurrence of TechCrunch’s Equity podcast, Rebecca Bellan is joined by Steve Hou, caput of probe astatine Silicon Data, to sermon the wellness of the AI buildout, and wherefore the information is telling a antithetic communicative than the doom and gloom headlines astir depreciating chips and stalled data centers. 

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