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Gold
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Hot
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CME will collaborate with Silicon Data to launch a computational power futures market
May 12th, CME Group and Silicon Data announced that they will launch a computing power futures market later this year, currently awaiting regulatory review. The new futures contracts will enable traders, financial institutions, AI developers, and cloud service providers to hedge and manage volatility and price risks in the computing power market worth trillions of dollars. These products will be based on Silicon Data’s index, which is the world’s first daily benchmark index for on-demand GPU rental rates. (Interface)