Silicon Data's CME compute futures target a November 9th start, pending review
Carmen Li's GPU-rental benchmarks would underpin cash-settled H100 and B200 contracts, but regulators had not cleared the market as of October 21st.
By Ryan Merket · Published
Primary source: The Wall Street Journal
Why it matters
Silicon Data's benchmarks could become the reference price for a new class of GPU-rental hedges. That depends on regulatory clearance, trusted index construction and enough real buyers and sellers to create liquidity.

Carmen Li (@carmenli) built Silicon Data around a problem she saw between AI companies' fixed prices and their volatile compute bills. Now the benchmarks she started building in 2024 are set to anchor GPU-rental futures at CME Group, with the exchange's [calendar listing November 9th as the first trading…
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