Silicon Data raised $30.5M to build GPU pricing benchmarks as CME Group prepares to launch cash-settled GPU futures contracts on NYMEX in October

Silicon Data raised $30.5M to build GPU pricing benchmarks as CME Group prepares to launch cash-settled GPU futures contracts on NYMEX in October

Regulators took initial steps to allow investors to trade AI compute futures based on the prices of GPUs sold by the likes of Nvidia, TSMC and Broadcom.