ICE plans to launch a computing power futures market, as Wall Street is viewing AI infrastructure as an emerging tradable commodity.

AIMPACT News, May 20 (UTC+8), the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), plans to launch a computing power futures market to meet the pricing demands driven by AI technology. ICE is collaborating with financial infrastructure company Ornn to develop new futures contracts based on Ornn's index products, which track the computing cost of graphics processing units (GPUs) in real time. The contracts are currently pending regulatory approval.

Additionally, on May 12, the Chicago Mercantile Exchange (CME) and Silicon Data, the industry leader in GPU market intelligence and benchmarking data, announced plans to launch a computing power futures market later this year, which is also awaiting regulatory review. Wall Street is treating AI infrastructure as an emerging tradable commodity, providing the market with price discovery and risk hedging tools. ICE aims to establish a more transparent pricing mechanism for computing power, further advancing the maturity of AI-related financial markets. (Source: BlockBeats)