CFTC seeks public input on AI compute futures contracts as CME eyes October launch
The regulatory review could shape an emerging market that lets companies and investors trade and hedge the cost of increasingly scarce AI computing power.
The US Commodity Futures Trading Commission (CFTC) is seeking public input on AI compute futures contracts, as other major exchanges prepare to launch products linked to the growing asset class. The regulatory review could influence an emerging market that would enable companies and investors to trade and hedge the cost of scarce AI computing power, according to Bloomberg.
The CFTC has asked the White House Office of Management and Budget to review the proposal, which may affect the timeline for compute futures from CME Group and Intercontinental Exchange. These exchanges plan to introduce AI compute futures on October 5th, pending regulatory approval, effectively transforming AI computing capacity into a tradable commodity like oil and electricity.
Silicon Data will supply benchmarks for pricing these contracts. The market for AI infrastructure is expanding rapidly, with recent estimates projecting AI-related spending to be between 2% to 2.5% of US GDP this year.
Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
